Stonegate Company the Following Information Is Available for Stonegate Company for the for the Current
Stonegate Company
The following information is available for Stonegate Company for the current year:
Standard:
Material X: 3.0 pounds per unit @ $4.20 per pound
Material Y: 4.5 pounds per unit @ $3.30 per pound
Class S labor: 3 hours per unit @ $10.50 per hour
Class US labor: 7 hours per unit @ $8.00 per hour
Actual:
Material X: 3.6 pounds per unit @ $4.00 per pound (purchased and used)
Material Y: 4.4 pounds per unit @ $3.25 per pound (purchased and used)
Class S labor: 3.8 hours per unit @ $10.60 per hour
Class US labor: 5.7 hours per unit @ $7.80 per hour
Stonegate Company produced a total of 45,750 units.
Refer to Stonegate Company.Compute the labor rate,mix,and yield variances (round to the nearest dollar).
Correct Answer:
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