Exam 3 take-homestudent file

Exam 3 take-homestudent file - 1.

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BA420- 01  FALL  2009 NAME: ______ ______ ______ ______ _____ EXAM  TAKE- HOME Instruct ion: Show your supporting computations clearly and legibly. The following data for the Lewgrow Garden Supplies Company pertains to the production of 2,500 garden spades during  March. The spade consists of a wooden handle and a metal forged tool that comes in contact with the ground. Direct Materials (all materials purchased were used):  Standard cost: $1.00 per handle and $3.50 per metal tool. Total actual cost: $11,350. Materials flexible - budget efficiency variance was $650 unfavorable.  Direct Manufacturing Labor:  Standard cost is 5 garden spades per hour at $20.00 per hour. Actual cost per hour was $21.00. Labor efficiency variance was $400 favorable.  Required:  a. What is the standard direct material amount per garden spade? b. What is the standard cost allowed for all units produced? c. What is the total direct materials flexible - budget variance? d. What is the direct material flexible - budget price variance? e. What is the total actual cost of direct manufacturing labor? f. What is the labor price variance for direct manufacturing labor?     
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2.  Tyson's  Hardwar e uses a  flexible  budget to  develop  planning  informati on for its  warehou se  operation s. For  20X5, 
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Exam 3 take-homestudent file - 1.

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