Reference no: EM133165255

Question - The following data for the Golden Garden Company (GGC) pertains to the production of 2,500 garden spades during April. The spade consists of a wooden handle and a metal forged tool that comes in contact with the ground.

Direct Materials (all materials purchased were used):

Standard cost: $1.00 per handle and $3.50 per metal tool

Total actual cost: $11,350.

Materials flexible-budget efficiency variance was $650 unfavourable.

Direct Manufacturing Labour:

Standard cost is 5 garden spades per hour at $20.00 per hour.

Actual cost per hour was $21.00

Labour efficiency variance was $400 favourable.

Required -

1. What is the standard direct material amount per garden spade?

2. What is the standard cost allowed for all units produced?

3. What is the total direct materials flexible-budget variance?

4. What is the direct material flexible-budget rate variance?

5. What is the total actual cost of direct manufacturing labour?

6. What is the labour rate variance for direct manufacturing labour?