- The Blazon Manufacturing Company S Costing System Has Two Direct Cost Categories Direct Materials And Direct Manufactur 1 (96.75 KiB) Viewed 42 times
- Х Data table Cost per Output Unit Input 4 lb. at $6 per Ib. 7 hrs. at $18 per hr. $ Direct materials Direct manufacturing labor Variable manufacturing overhead 24.00 126.00 $5 per DLH 35.00 56.00 $8 per DLH Fixed manufacturing overhead Standard manufacturing cost per output unit $ 241.00 Print Done
- Data table The denominator level for total manufacturing overhead per month in 2017 is 38,000 direct manufacturing labor-hours. Blazon's budget for January 2017 was based on this denominator level. The records for January indicated the following: 33,100 lb. at $6.20 per lb. 30,100 lb. Direct materials purchased Direct materials used Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production 55,200 hrs. at $18.40 per hr. $500,000 7,600 output units Print Done
Х Requirements 1. Prepare a schedule of total standard manufacturing costs for the 7,600 output units in January 2017. 2. For the month of January 2017, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance Print Done