Last month, Bugsby Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. FE(Click the icon to view the table.) Complete the following table. (Round your answers to two decimal places.) Direct materials information Standard pounds per unit Standard price per pound Actual quantity purchased and used per unit Actual price paid for material per pound Direct materials price variance Direct materials quantity variance Total direct material variance Number of units produced $ $ $ $ Medium speed bump 10 1.00 1.80 1.280 U 400 F 200 S speed bump $ $ $ Large 1.50 12 2.30 2,880 U 2,430 U 300 Data table Direct materials information Standard pounds per unit. Standard price per pound.. Actual quantity purchased and used per unit Actual price paid for material per pound.. Direct materials price variance.. Direct materials quantity variance. Total direct material variance.. Number of units produced Print Medium speed Large speed bump bump $ $ C Done 10 1.00 $ ? 1.80 $ $1,280 U $400 F ? 200 ? 1.50 12 2.30 $2,880 U ? $2,430 U 300 X

Last month, Bugsby Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. FE(Click the icon to view the table.) Complete the following table. (Round your answers to two decimal places.) Direct materials information Standard pounds per unit Standard price per pound Actual quantity purchased and used per unit Actual price paid for material per pound Direct materials price variance Direct materials quantity variance Total direct material variance Number of units produced $ $ $ $ Medium speed bump 10 1.00 1.80 1.280 U 400 F 200 S speed bump $ $ $ Large 1.50 12 2.30 2,880 U 2,430 U 300 Data table Direct materials information Standard pounds per unit. Standard price per pound.. Actual quantity purchased and used per unit Actual price paid for material per pound.. Direct materials price variance.. Direct materials quantity variance. Total direct material variance.. Number of units produced Print Medium speed Large speed bump bump $ $ C Done 10 1.00 $ ? 1.80 $ $1,280 U $400 F ? 200 ? 1.50 12 2.30 $2,880 U ? $2,430 U 300 X

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Description: Last month, Bugsby Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control.FE(Click the icon to view the table.)Complete the following table.(Round your answers to two decimal places.)Di

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 3PA: Direct materials, direct labor, and factory overhead cost variance analysis Mackinaw Inc. processes...

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Direct materials information Standard pounds per unit..... Standard price per pound... Actual quantity purchased and used per unit ...... Actual price paid for material per pound.. Direct materials price variance..... Direct materials quantity variance.... Total direct material variance.. Number of units produced Medium speed Large speed bump bump $ $ 15 1.00 $ ? 1.80 $ $1,120 U 100 F ? 100 ? 1.80 16 2.10 $1,920 U ? $480 U 400
Acme Inc. has the following information available: Actual price paid for material $0.900 Standard price for material $0.625 Actual quantity purchased and used in production 90 Standard quantity for units produced 60 Actual labor rate per hour $16 Standard labor rate per hour $14 Actual hours 210 Standard hours for units produced 220 Compute the material price and quantity, and the labor rate and efficiency variances. Round your answers to two decimal places. Enter all amounts as positive numbers. Material price variance $fill in the blank 1 Material quantity variance $fill in the blank 3 Labor rate variance $fill in the blank 5 Labor efficiency variance $fill in the blank 7
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01. The following materials standards have been established for the product Wand: JM- Standard quantity per unit of output 10.0 kilograms the Standard price $16.20 per kilogram The following data pertains to operations S Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output ■ Required: What is the materials price variance for the month? 2. What is the materials quantity variance for the month? === .. B M ======= D M BEBE === g 295. = 3 = 7,300 kilograms $120,000 7,122 kilograms 740 units ■ concerning the product Wand for the last month; HUFINAİJA ■ ■ 20-121=0 EXCE HE SIC D 10= ■ Fe