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Dudley, Inc. makes a single product which has the following standards: - Direct materials: 2 kilograms at $4.30 per kilogram - Direct labor:
Dudley, Inc. makes a single product which has the following standards:- Direct materials: 2 kilograms at $4.30 per kilogram- Direct labor: 3 hours at $6 per hour- Variable manufacturing overhead: $19.50 per unit of outputAt the beginning of June there were no inventories. The following data pertain to June's operations:- Direct labor was $820,500 for 147,000 hours worked.- Direct material purchases were 110,000 kilograms for $485,000.- Variable manufacturing overhead incurred was $986,000.- 92,000 kilograms of direct materials were used.- The company sold 42,000 units at $130 each.- Variable manufacturing overhead is applied based on direct labor hours.- 46,000 units were produced during the year
