1 answer

Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12...

Question:

Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the controller.

  

Direct Labor: Direct Material:
Quantity, 0.25 hour Quantity, 4 kilograms
Rate, $12.50 per hour Price, $0.60 per kilogram

  

Actual material purchases amounted to 200,000 kilograms at $0.64 per kilogram. Actual costs incurred in the production of 40,000 units were as follows:

Direct labor: $137,700 for 10,800 hours
Direct material: $108,800 for 170,000 kilograms

   

Required:

Fill in the amounts in the tables below.

Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in th

Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Round "per kilogram" to 2 decimal places.) Direct-Material Purchase Price Variance Actual Material Cost of Purchases Actual Actual Quantity Price Projected Material Cost of Purchases Actual Standard Quantity Price kilograms purchased per kilogram kilograms purchased per kilogram 0 $ 0 Direct-material purchase price variance

Answers

The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and calculation. For detailed answer refer to the supporting sheet.

DE F Answer Direct Material Purchase Price Variance Actual Material Cost of Purchases Projected Material Cost of Purchases Ac

.

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