Weygandt, Financial & Managerial Accounting, 2e Help I System Exercise 25-9 (Par

Question

Weygandt, Financial & Managerial Accounting, 2e Help I System Exercise 25-9 (Part Level Submission) You have been given the flowing informationout the production of Usher.. and ore asked to provide the plant manager with information fo a meeting with the vice president of operations. Direct materials (9 pounds at $5 per pound) Direct labor (0.70 hours at $6) Variable overhead (o.70 hours at $5 per hour) Pxed overhead co.70 hours at $7 per hour) Standard Cost Card 45.00 4.20 3.50 4.90 $57.60 udy The following is a variance report for the most recent period of operations. 409,000 $5,67O $9,300 U 38,174 3,100 U6,500 u (a) How many units were produced during the period?(Round answer to O decimal places, e.g. 125.) Namber of units 9069

Explanation / Answer

e. answer : $6.68

Actual rate = [(7446 hours * $6) + $5100] / 7446 hours

= [$44676 + $5100] / 7446 hours

= $6.68.

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