31820 28800 108000

2000 2000 2000

15.91 14.4 54
PURCHASE QUANTITY 6500

ACTUAL PRICE *ACTUAL QUANTITY STANDERD QUANTITY *ACTUAL PRICE

1300

ACTUAL STANDERD

DIRECT LABOR 118035 DIRECT LABOR 108000

DIRECT MATERIAL 31820 DIRECT MATERIAL 28800
UNIT COST 7.4 UNIT COST 7.2
LABOR CHARGE PER HOUR 18.3 LABOR CHARGE PER 18
QUNATITY PURCHASED 6500

DIRECT MATERIAL PRICE VARIANCE 1300 UNFAVORABLE

DIRECT MATERIAL QUANTITY VARIANCE 3020 UNFAVORABLE

Direct material purchase price variance

Actual quantity used 4300 pounds

actual price per pound 7.4 $
actual material cost of purchase 31820 10035

Actual quantity used 4300 pounds

standerd price 7.2
projected material cost of purchse 30960

direct material purchse price variance 860

direct labor rate

actual labor cost 118035

projected labor cost

actual labor hours 6450
standerd labor rate 18
116100

direct labor rate variance -1935

direct labor efficiency variance -8100 -10035
TY *ACTUAL PRICE STANDERD QUANTITY *STANDERD PRICE
standerd direct material cost

board feet required 7+1.5 8.5 Board feet

cost per board 5$
cost of board feet 42.5
transportation cost 1.2*8.5 10.2 $

total cost of direct material 52.7 $

a unit of production 12*12 144 cans
Standerd cost
Direct labor 0.25 hr
rate 12 $ per hr
diret material 4 kg
price 0.6 $ per kg

Actual material

material purchased 240000

price 0.62 $ per kg

direct labor 158600 $

13000 hr
direct material 130200 $
210000 kg
Direct material price variance

standerd material cost

Units produced 50000
standerd quantity requi 200000 Kg
standerd unit cost 0.6 $
standerd direct material cost 120000

projected material cost

actual quantity required 210000
standerd unit cost 0.6
projected material cost 126000

actual material cost 130200

Direct material price variance -4200 unfavorable

direct material quantity variance -6000 unfavorable
Direct material variance -10200 unfavorable

Direct material purchase price variance

actual material purchases 240000 kg

actual purchase price per unit 0.62 $
actual material purchase cost 148800

projected materail cost of purchase 144000

Direct materail purchase price variance -4800 unfavorable

actual labor cost projected labor cos standerd labor cost

actual hrs standerd rate standerd hrs stnderd rate
13000 12 12500 12
158600 156000 150000

direct labor rate variance -2600 unfavorable

direct labor efficiency variance -6000 unfavorable
 Direct material price variance PQ(AP=SP)
120000 PQ(14-16)
PQ 60000
since all the purchase quantity has been used PQ=AQ
a. Actual quantity used per unit of output 3 Pounds

direct materail quantity variance SP(AQ-SQ)

b. 80000 $

c. Standerd quantity per unit of output 2.75 pounds

d. direct labor rate variance total direct labor vaiance -direct labor efficiency variance
-3.5 Unfavorable

e direct labor rate variance (-70000)=AH(AR-SR)

AR-SR -1
Standerd rate = 22
f
fficiency variance
1) Direct material price Variance Actual cost of direct material used-projected cost of direct material used
26220-19000*1.35

570 U

standerd cost of direct material used for 1000 units 27000

2) dircet material quantity variance actual cost of direct material used -standerd cot of direct material used
26220-27000
-780 F
Direct material purchase price variance actual cos of direct material purchase- projected cost of direct material pu
49680-36000*1.35
1080 U

4) direct labor rate varience actual direct labor cost -projected labor cost
actual hrs*actual cost -actual hrs * standerd cost

38430-4200*9
630 U
5) Direct labor efficiency varience cost projected labor cost- standerd labor cost
4200*9-4000*9
1800 U
ted cost of direct material used

erd cot of direct material used

ojected cost of direct material purchase

 Actual
units produced 15600
Direct material used 46200 lb
Direct material purchased 50000 lb
2) Unit purchase cost 5.2 $
direct labor 80200 hr
labor rate 10.95 $ per hr

Acual direct ,aterial cost 240240 $

projected direct material used 231000 $
standerd direct material cost 234000 $

a. Direct material price variance 9240 U

b. Direct material quantity varianc -3000 F

Actual purchase price 260000

projected purchase price 250000

c. Direct material purchase price variance 10000 U

Actual labor cost 878190 $

projected labor costt 902250
stander labor cost 877500

d. direct labor rate variance -24060 F

e direct labor efficiency variance 24750 U

3)
Actual
units produced 15600
Direct material used 46200
Direct material purchased 50000
2) Unit purchase cost 5.2
direct labor 80200
labor rate 10.95

Acual direct ,aterial cost 240240 $

projected direct material used 226380 $
standerd direct material cost 229320 $

a. Direct material price variance 13860 U

b. Direct material quantity variance -2940 F
 Actual purchase price 260000
projected purchase price 245000

c. Direct material purchase price variance 15000

Actual labor cost 878190 $

projected labor costt 962400
stander labor cost 936000

d. direct labor rate variance -84210 F

e direct labor efficiency variance 26400 U
 Standerd

direct material 3 lb
unit cost 5$
direct labor 5 hr
labor rate 11.25 $ per hr
laboror hr to produce 15600 u 78000

Standerd

lb direct material 3 lb
lb unit cost 4.9 $
$ direct labor 5 hr
hr labor rate 12 $ per hr
$ per hr laboror hr to produce 78000
U
 std direct total direct
1) std direct labor labor hrs standerd
rate per hr allowed labor cost
labor class iii 24 1000 24000
labor class ii 21 1000 21000
labor class i 15 1000 15000
total diect
actual direct actual direct actual labor
labor rate per hr labor hrs cost
labor class iii 25.8 1100 28380
labor class ii 22.5 1300 29250
labor class i 16.2 750 12150

projected direct d
labor cost
labor class iii 26400
labor class ii 27300
labor class i 11250
cost
direct labor direct labor cost efficiency
cost variance price variance variance
labor class iii 1980 U 2400 U
labor class ii 1950 U 6300 U
labor class i 900 U -3750 F

3)
std direct total direct
std direct labor labor hrs standerd
rate per hr allowed labor cost
labor class iii 24 1000 24000
labor class ii 21 1000 21000
labor class i 15 1000 15000
total diect
actual direct actual direct actual labor
labor rate per hr labor hrs cost
labor class iii 27 1100 29700
labor class ii 22.9 1300 29770
labor class i 17 750 12750

projected direct d
labor cost
labor class iii 26400
labor class ii 27300
labor class i 11250
cost
direct labor direct labor cost efficiency
cost variance price variance variance
labor class iii 3300 U 2400 U
labor class ii 2470 U 6300 U
labor class i 1500 U -3750 F
 BATCH SIZE 10 gallon
starwberry required for each bat 6 quart
starw berry purchased for each 7.5 quart

sorting standerd direct labor time 3 min per quart

blending standerd direct labor time 12 min per quart

strawberri purchase cost 1.6 $ per quart

other ingedients purchase cost 0.9 $ per quart
direct labor 18 $ per hr
total cost of material and labor required 0.76 $per quart
to pack

strawberry purchase cost 1 $ per quart

conversion 1 gallon = 4 quartz

1) the standerd cost for 10 gallon batch of strawberry jam

strawberries 12 $
other ingredients 9$
sorting labor 5.4 $
blending labor 3.6 $
packeging 30.4 $
total standerd cost 60.4 $ per batch

standerd quantity of strawberry 7.5 quartz