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whiteelk697Lv1
6 Nov 2019
Problem 11-15 Comprehensive Variance Analysis [L011-1, LO11-2, LO11-3] Helix Company produces several products in its factory, including a karate robe. The company uses a standard cost system to assist in the control of costs. According to the standards that have been set for the robes, the factory should work 990 direct labor-hours each month and produce 1,980 robes. The standard costs associated with this level of production are as follows: Per Unit Totalof Product $39,798 20.10 3.00 Direct materials Direct labor Variable manufacturing overhead (based on direct labor-hours) $ 5,940 3,168 1.60 $ 24.70 During April, the factory worked only 1,000 direct labor-hours and produced 2,200 robes. The following actual costs were recorded during the month: Direct materials (7,000 yards) Direct labor Variable manufacturing overhead Per Unit Totalof Product $40,700 $18.50 3.20 1.80 $ 7,040 $ 3,960 $23.50 At standard, each robe should require 3.00 yards of material. All of the materials purchased during the month were used in production. Show transcribed image text
Problem 11-15 Comprehensive Variance Analysis [L011-1, LO11-2, LO11-3] Helix Company produces several products in its factory, including a karate robe. The company uses a standard cost system to assist in the control of costs. According to the standards that have been set for the robes, the factory should work 990 direct labor-hours each month and produce 1,980 robes. The standard costs associated with this level of production are as follows: Per Unit Totalof Product $39,798 20.10 3.00 Direct materials Direct labor Variable manufacturing overhead (based on direct labor-hours) $ 5,940 3,168 1.60 $ 24.70 During April, the factory worked only 1,000 direct labor-hours and produced 2,200 robes. The following actual costs were recorded during the month: Direct materials (7,000 yards) Direct labor Variable manufacturing overhead Per Unit Totalof Product $40,700 $18.50 3.20 1.80 $ 7,040 $ 3,960 $23.50 At standard, each robe should require 3.00 yards of material. All of the materials purchased during the month were used in production.
Show transcribed image text 5 May 2023
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Sixta KovacekLv2
25 Jul 2019
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