I need a quick answer to the below questions.

1.)

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Java Gourmet CoffeeJava Gourmet Coffee reports the following data for April 2010 where

200,000 pounds

of roasted gourmet coffee beans were actually produced (note: standard costs do not allow for any wastage),Actual:

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Direct Materials:
Quantity of coffee beans: 210,000 pounds
Cost per pound: $0.55 per pound
Direct Labor:
Direct labor rate: $19.00 per hour
Labor hours used: 11,000 hours
Variable Overhead:
Actual costs: $21,000

Standard:

 

 Direct Materials: 

 Quantity of coffee beans:200,000 pounds Cost per pound:

    Direct Labor: 

 Direct labor rate:

 

   

 

   

$0.50 per pound
$20.00 per hour
Labor hours to be used: 0.05 hours per pound
Variable overhead: $.10 per pound

Refer to Java Gourmet Coffee. Calculate the total direct materials variance.

  

2.)

 Java Gourmet CoffeeJava Gourmet Coffee reports the following data for April 2010 where 200,000 pounds of roasted gourmet coffee beans were actually produced (note: standard costs do not allow for any wastage),Actual:  Direct Materials:  Quantity of coffee beans:210,000 pounds Cost per pound:$0.55 per pound    Direct Labor:  Direct labor rate:$19.00 per hour Labor hours used:11,000 hours    Variable Overhead:  Actual costs:$21,000   Standard:  Direct Materials:  Quantity of coffee beans:200,000 pounds Cost per pound:$0.50 per pound    Direct Labor:  Direct labor rate:$20.00 per hour Labor hours to be used:0.05 hours per pound    Variable overhead:$.10 per pound   

Refer to Java Gourmet Coffee. Calculate the direct materials price variance.

 

3.)

 Java Gourmet CoffeeJava Gourmet Coffee reports the following data for April 2010 where 200,000 pounds of roasted gourmet coffee beans were actually produced (note: standard costs do not allow for any wastage),Actual:  Direct Materials:  Quantity of coffee beans:210,000 pounds Cost per pound:$0.55 per pound    Direct Labor:  Direct labor rate:$19.00 per hour Labor hours used:11,000 hours    Variable Overhead:  Actual costs:$21,000   Standard:  Direct Materials:  Quantity of coffee beans:200,000 pounds Cost per pound:$0.50 per pound    Direct Labor:  Direct labor rate:$20.00 per hour Labor hours to be used:0.05 hours per pound    Variable overhead:$.10 per pound   

Refer to Java Gourmet Coffee. Calculate the direct materials efficiency variance.

       

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