Tuesday, 24 June 2014
topez inc makes one product and has set th...
topez inc makes one product and has set the following standard 4
material and labor/standard quanity or hr per unit- direct material=7
pound- direct labor=2.5 hrs/ standard price or rate 7 pound- direct
labor=9.00 per hr/ standardcost per unit direct material direct
labor=22.50 / during the past month the company purchase 6000 pound of
direct material at a cost of 16.500/ all of this material was used in
the production of 1,400 unit of product.direct labor cost total 28.500 4
the monuth/ material quanity variance=1.200 u total material spending
variance= 300 labor efficiency varience=4500 f/ I need to prepare and
compute the standard price per pound 4 material/ I need to compute the
standard quanity allowed 4 material for the month production I need to
comute the standard quanity of material allowed per unit of products
jacdumb
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