De Soto Inc. produces tablet computers. The company uses Thin Film Crystal (TFC) LCD displays for its products. Each tablet uses one display. The company produced 770 tablets during July. However, due to LCD defects, the company actually used 800 LCD displays during July. Each display has a standard cost of $12.50. Eight hundred LCD displays were purchased for July production at a cost of $9,400. Determine the price variance, quantity variance, and total direct materials cost variance for July.

Westgate Inc. uses a lean manufacturing strategy to manufacture DVR (digital video recorder) players. The company manufactures DVR players through a single product cell. The budgeted conversion cost for the year is $886,200 for 2,110 production hours. Each unit requires 20 minutes of cell process time. During March, 790 DVR players were manufactured in the cell. The materials cost per unit is $61. The following summary transactions took place during March: Materials were purchased for March production. Conversion costs were applied to production. 790 DVR players were assembled and placed in finished goods. 750 DVR players were sold for $356 per unit. Question Content Area a.  Determine the budgeted cell conversion cost per hour. If required, round to the nearest dollar.fill in the blank 1 of 1$ per hour b.  Determine the budgeted cell conversion cost per unit. If required, round to the nearest dollar.fill in the blank 1 of 1$ per unit   Feedback Area   Feedback…

Dawson Toys, Limited, produces a toy called the Maze. The company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 6 microns per toy at $0.33 per micron Direct labor: 1.1 hours per toy at $6.70 per hour During July, the company produced 5,000 Maze toys. The toy's production data for the month are as follows: Direct materials: 80,000 microns were purchased at a cost of $0.31 per micron. 42,500 of these microns were still in inventory at the end of the month. Direct labor. 5,800 direct labor-hours were worked at a cost of $40,600. Required: 1. Compute the following variances for July: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations. Round final answer to the nearest whole dollar amount.) a. The materials price and quantity…

During June, Keating Company produced 11,000 rain ponchos using nylon. Nylon costed $0.80 per yard, which is $0.10 cheaper than the standard cost. It also used 6,000 direct labor hours at a rate of $13.00. Its direct materials standard is 2 yards p labor standard is 0.50 hour per poncho. Its materials usage variance was favorable $1,800, and its labor rate variance was a favorable $1,200. Required: Complete the following: (Round the rates to two decimal places.) A. The actual quantity of materials used is B. The standard labor rate is $ per hour.