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# Question 31

Kopecky Inc., which produces a single product, has prepared the following standard cost sheet for one unit of
the product.
Direct materials (8 kilograms at \$2.50 per
kilogram)
Direct labour (3 hours at \$12.00 per hour)

\$20.00
\$36.00

During the month of April, the company manufactures 230 units and incurs the following actual costs.
Direct materials (1,900
kilograms)
Direct labour (700 hours)

\$4,940
\$8,120

Calculate the total, price, and quantity variances for materials and labour.

Total materials variance:

\$

Materials price variance:

\$

Materials quantity variance:

\$

Total labour variance:

\$

Labour price variance:

\$

Labour quantity variance:

\$

340

190

150

160

280

120

uestion 32
The following information was taken from the annual manufacturing overhead cost budget of Fernetti
Company.
Normal production level in labour hours
Normal production level in units
Standard labour hours per unit

\$33,000
\$19,800
16,500
4,125
4

During the year, 4,000 units were produced, 16,100 hours were worked, and the actual manufacturing overhead