19 Jan Sharp Company manufactures a product for which the
Sharp Company manufactures a product for which the following standards have been set:Standard Quantityor HoursStandard Priceor RateStandardCost Direct materials3 metres$10.00 per metre$30.00 Direct labour? hours? per hour?During March, the company purchased direct materials at a cost of $46,640, all of which were used in the production of 1,780 units of product. In addition, 2,848 hours of direct labour time was worked on the product during the month. The cost of this labour time was $21,360. The following variances have been computed for the month: Materials quantity variance$5,300 U Total labour variance2,080 F Labour efficiency variance1,080 U Required:1.For direct materials:a.Compute the actual cost per metre for materials for March. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b.Compute the materials price variance and a total variance for materials. (Indicate the effect of each variance by selecting ‘F’ for favourable, ‘U’ for unfavourable, and ‘None’ for no effect (i.e., zero variance).(Do not round intermediate calculations and final answers to the nearest dollar amount.) 2.For direct labour:a.Compute the standard direct labour rate per hour. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b.Compute the standard hours allowed for the month’s production. (Do not round intermediate calculations and final answers to the nearest dollar amount.) c.Compute the standard hours allowed per unit of product. (Do not round intermediate calculations and round final answer to 3 decimal places.)
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.