1 068 Units 931 Units The Following Data Is Given For The Bahia Company Budgeted Production Actual Production Materials 1 (22.88 KiB) Viewed 46 times
1 068 Units 931 Units The Following Data Is Given For The Bahia Company Budgeted Production Actual Production Materials 2 (21.52 KiB) Viewed 46 times
1,068 units 931 units The following data is given for the Bahia Company: Budgeted production Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials $1.985 12 10,837 $22,216 Labor: $14.93 per hour 4,794.65 $73,118 Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. The variable factory overhead controllable variance is Oa. $133,793.07 unfavorable Ob. $133,793.07 favorable $1,043,000 $25.00 per standard labor hour $134,250
931 units $1.985 12 10,837 $22,216 Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs Overhead is applied on standard labor hours. The variable factory overhead controllable variance is Oa, $133,795.07 unfavorable Ob 5133,293.07 favorable Oc. $38.822.50 unfavorable Od $38,822.50 favorable $14.93 per hour 4.1 4,794.65 $73,118 $1,043,000 $25.00 per standard labor hour $134,250
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