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Your Company is Alchemilla Company
| Manufacturing Cost Information for 10 foot concrete pipe with
18″ diameter |
Manufacturing Cost Information
Direct Materials Concrete Direct Labor Machine Operator Manufacturing Overhead Variable Overhead Fixed Overhead |
Standard Quantity
1,980 Pounds 20 Hours 20 Hours 20 Hours |
Standard cost of a single piece of 10′ 18″ pipe
| 205,920 | pounds of concrete at a total cost of: | $ 213,909.70 |
| 1,900 | hours of labor at a total labor cost of: | $ 41,925.40 |
| variable overhead cost applied | $ 2,120.00 | |
| fixed overhead cost applied | $ 4,060.00 |
The company manufactured 100 pieces of pipe and incurred the following cost:
Calculate the folowing (Calculate the variance based on the production of 100 units)
Direct Materials Price Variance
Direct Materials Quantity Variance
Total Direct Materials Variance
Labor Rate Variance
Labor Time Variance Total Labor Variance
Standard Cost per Unit
| $ 1.06 | per Pound |
| $ 20.06 | per Hour |
| $ 1.06 | per Direct Labor Hour |
| $ 2.03 | Per Direct Labor Hour |
Total Cost per 10′ Pipe
$ 2,098.80
$ 401.20
$ 21.20
$ 40.60