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a. 150 which includes materials of Rs. This leaves: Standard variable overhead per unit is $1.25 and standard fixed overhead per unit is $1.75. Units started during September 28,500. 51.During September, 40,000 units were produced. unsure. 105,000 pounds c. 95,000 pounds. ><p> </p><p>What was Petite's variable overhead . . Standard output of the department per hour taking into account normal 20 units In the first week of March, 2016, it was ascertained that 1000 units were produced despite 20% idle time due to power failure and actual rate of wages was Rs. Direct Labour Cost Variance Questions and Answers - Study.com control account. Other information for the year includes: Direct materials $30.00 per unit Direct manufacturing labor $ 2.00 per unit Variable manufacturing costs $ 3.00 per unit Sales commissions $ 5.00 per part The company expects to declare dividends during 2018 amounting to $40,000. Exercise-6: Joint cost allocation - Accounting For Management For this process, materials are 70% complete and the units are 30% complete with respect to conversion. $5 C. $3 D. $6 E. $4 SUPPORTING CALCULATION: 60% ($2 + $3) = $3 61 f62 Chapter 6 5. Berol Company's production requirement in units of finished product for the three-month period ending September 30, 20X1, is: A. If 330 units were produced this month, what total . During the month of September, 1,200 units were added to production with materials cost of P168,000. The following information about Fishplates X has been made available from the accounting records of payment of Precision Tools Ltd. for the last six months of 2019 (and of only sales for January 2020). At period end, 16,000 units were in process. Machine maintenance costs were $78,000 in May and $30,000 in November. During April an additional 2,400 units were put into production. "Alder Inc: produced and sold 2,000 units of one product during the year: The company's net income was $40,000,its fixed cost per unit was $60,and the variable cost ratio was .25. B. . Work in Process Questions and Answers - Study.com During the month of August, 50,000 units of product M and 40,000 units of product N were completed. During April, 11,000 units were produced; 24,000 direct labour hours were worked and charged; £336,000 was spent on direct labour; and £180,000 was spent . T otal units to account for 37,400. 123. The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. The records show that 40,000 units were completed and transferred, while . b. Using absorption costing, what is the difference between the reported income and the budgeted net .