(d) DRS Manufacturing has the following standards for one of its products:[DRS Manufacturing mempunyai standad berikut untuk salah satu produknya:]Table 9: Production Costs[Jadual 9: Kos-kos Pengeluaran]Direct materials (2 meter @ RM5)Direct labor (0.5 hour @ RM10)RM10RM5During the most recent year, the following actual results were recorded:[Pada tahun terakhir, hasil sebenar berikut direkodkan:]Table 10: Production Costs[Jadual 10: Kos-kos Pengeluaran]6,000 unitsProductionDirect materials (11,750 meter purchased and used) RM61,100Direct labor (2,900 hours)RM29,580Required:(Dikehendaki:]Interpret the materials price and usage variances.[Tafsirkan varian harga dan penggunaan bahan-bahan.](ii)Interpret the labor rate and efficiency variances.[Tafsirkan varian kadar buruh dan kecekapan.]

Variances are calculated in order to compare the actual result with the standard set.

(d) DRS Manufacturing has the following standards for one of its products: [DRS Manufacturing mempunyai standad berikut untuk salah satu produknya:] Table 9: Production Costs Jadual 9: Kos-kos Pengeluaran] Direct materials (2 meter @ RM5) Direct labor (0.5 hour @ RM10) RM10 RM5 During the most recent year, the following actual results were recorded: [Pada tahun terakhir, hasil sebenar berikut direkodkan:]

(d) DRS Manufacturing has the following standards for one of its products: [DRS Manufacturing mempunyai standad berikut untuk salah satu produknya:] Table 9: Production Costs Jadual 9: Kos-kos Pengeluaran] Direct materials (2 meter @ RM5) Direct labor (0.5 hour @ RM10) RM10 RM5 During the most recent year, the following actual results were recorded: [Pada tahun terakhir, hasil sebenar berikut direkodkan:]

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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0 Ellerie, Incorporated, manufactures and sells two products Product G8 and Product 00. Data concerning the expected production of each product and the expected total direct labor hours (DLH) required to produce that output appear below: Activity Cost Pools Labor-related Expected Hours Per Production Unit 710 5.1 310 2.1 Product CB Product 00 Total direct labor-hours The direct labor rate is $22.20 per DLH. The direct materials cost per unit for each product is given below Direct Materials Cost per Unit $114.10 $ 114.50 Machine setups Order sice Direct Labor- Product CB Product 00 The company is considering adopting an activity based costing system with the following activity cost pools, activity measures, and expected activity Estimated Overhead Multiple Choice Activity Measures Total Direct Labor- Hours 3,621 651 4,272 Cost $56,055 54,890 366,008 $ 476,953 Which of the following statements concerning the unit product cost of Product GB is true? (Round your intermediate calculations…
A 162.