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I need a quick answer to the below questions.

I need a quick answer to the below questions.

Daniel Kevins

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1.)

Java 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 total direct materials variance.

2.)

Java Gourmet Coffee

Java 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 Coffee

Java 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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Daniel Kevins

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