Solution-How many units were produced during the period

How many units were produced during the period

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Reference no: EM13888006

You have been given the following information about the production of Horatio Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations.

Direct materials (5 pounds at $4 per pound)	$20.00
Direct labor (0.8 hours at $10)	8.00
Variable overhead (0.8 hours at $3 per hour)	2.40
Fixed overhead (0.8 hours at $7 per hour)	5.60
Standard Cost Card Variances	$36.00

The following is a variance report for the most recent period of operations.

Costs	Total Standard Cost	Price	Quantity
Direct materials	$405,000	$5,175 F	$9,000 U
Direct labor	180,000	3,840 U	6,000 U

Instructions

(a) How many units were produced during the period?

(b) How many pounds of raw materials were purchased and used during the period?

(d) How many actual direct labor hours were worked during the period?

(e) What was the actual rate paid per direct labor hour?

Reference no: EM13888006

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How many units were produced during the period

Reference no: EM13888006

Reference no: EM13888006

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