Pacific Coast Kayaks manufactures plastic kayaks. The standard cost of direct materials and direct manufacturing labor is $225 per kayak. This includes 25 pounds of direct materials, at the budgeted price of $3 per pound, and 8 hours of direct manufacturing labor, at the budget rate of $18.75 per hour. The following data is for the month of August: ⚫ Units completed: 4,800 units ⚫ Direct material purchases: 180,000 pounds • • • Cost of direct material purchases: $612,000 Actual direct manufacturing labor hours: 39,000 hours Actual direct labor cost: $741,000 ⚫ Direct materials efficiency variance: $900 F ⚫ No beginning inventories Calculate the actual price per pound of direct materials purchased.

Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and 18,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $18 per hour. Desired inventory levels are: Â Prepare a sales budget, production budget. direct materials budget for silicon and solution, and a direct labor budget.

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John’s Surfboards manufactures fibreglass surfboards.  The standard cost of direct materials and direct manufacturing labour is $100 per board.  This includes 20 kg of direct materials, at the budgeted price of $2 per kilogram, and 5 hours of direct manufacturing labour, at the budgeted rate of $12 per hour.  Following are additional data for the month of July: Units completed 6,000 units Direct material purchases 150,000 kilograms Cost of direct material purchases $292,500 Actual direct manufacturing labour-hours 32,000 hours Actual direct labour cost $368,000 Direct material efficiency variance $12,500 U There were no beginning inventories. Required: Compute direct manufacturing labour variances for July.  Compute the actual kilograms of direct materials used in production in July. Calculate the actual price per kilogram of direct material purchased. Calculate the direct materials price variance.

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Picozzi Snow Removal's cost formula for its vehicle operating cost is $2,060 per month plus $306 per snow-day. For the month of January, the company planned for activity of 16 snow-days, but the actual level of activity was 18 snow-days. The actual vehicle operating cost for the month was $7,720. The vehicle operating cost in the planning budget for January would be closest to:     Multiple Choice   A. $6,956   B. $6,862   C. $7,720   D. $7,568

Picozzi Snow Removal's cost formula for its vehicle operating cost is $2,060 per month plus $306 per snow-day. For the month of January, the company planned for activity of 16 snow-days, but the actual level of activity was 18 snow-days. The actual vehicle operating cost for the month was $7,720. The vehicle operating cost in the planning budget for January would be closest to: Multiple Choice $7,720 $6,862 O $6,956 $7,568

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Young bay surfboards manufactures fiberglass surfboard.the standard solve this general accounting question