Explore our Solution Library

: 1902 191 0 4 0 0

university of southern california Operations And Supply Chain Management Assignment Help - direct materials

Question - Morro Bay Surfboards manufactures fiberglass surfboards. The standard cost of direct materials and
direct manufacturing labor is $225 per board. This includes 30 pounds of direct materials, at the
budgeted price of $3 per pound, and 9 hours of direct manufacturing labor, at the budgeted rate of
$15 per hour. Following are additional data for the month of July:
Units completed 5,500 units
Direct material purchases 190,000 pounds
Cost of direct material purchases $579,500
Actual direct manufacturing labor-hours 49,000 hours
Actual direct labor cost $739,900
Direct materials efficiency variance $ 1,500 F

There were no beginning inventories.
1. Compute direct manufacturing labor variances for July.
2. Compute the actual ...Read More

Solution Preview - No Solution Preview Available

Original Question Documents


Found What You Need?

Scroll down to find more if you need to find our more features

Place Your Order