Brussels Chocolate Company produces chocolates in large batc…
Brussels Chocolate Company produces chocolates in large batches. One batch of chocolate has the following standard costs and amounts: Standard kilograms of sugar 125 Standard cost per kilogram of sugar $1.60 Standard direct labour hours 0.75 Standard direct labour cost per hour $21.00 Brussels Chocolate Company produced 600 batches of chocolates in the most recent month. Actual input costs and per batch usage levels were as follows: Actual kilograms of sugar used 126 Actual cost per kilogram of sugar $1.65 Actual direct labour hours 0.80 Actual direct labour cost per hour $20.75 Required: Calculate the following variances and identify if they are Favorable (F) or Un-Favorable (U) variances. A. Calculate the total material input rate variance. B. Calculate the total material efficiency variance. C. Calculate the total labour rate variance. D. Calculate the total labour efficiency variance.
Read DetailsSwansea Manufacturing currently produces 3,000 tires per mon…
Swansea Manufacturing currently produces 3,000 tires per month. The following per unit data for 3,000 tires apply for sales to regular customers: Direct materials $38 Direct manufacturing labour 14 Variable manufacturing overhead 19 Fixed manufacturing overhead 20 Total manufacturing costs $91 The plant has capacity for 5,000 tires and is considering expanding production to 4,000 tires. What is the total cost of producing 4,000 tires?
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