Reference no: EM133078575
Question - Rublev Company uses standard costing for the single product it makes and sells. The following data are for the month of May:
Standard cost per pound of material P5
Standard cost per direct labor hour P10
Standard number of direct labor hour per unit of product 3
Actual cost of direct materials purchased and used P49.500
Actual direct labor hours 4.000 hours
Material price variance P4,500 U
Total materials variance P10,500 U
Labor efficiency variance P1,000 U
Total labor variance P3,000 F
Required - Based on the information above, answer the following:
1. How many units were produced during May?
2. The standard quantity of material allowed (in pounds) to produce one unit of product was?
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How many units were produced during may
: Rublev Company uses standard costing for the single product it makes and sells. How many units were produced during May
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