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1.)
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 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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1.)Java Gourmet CoffeeJava Gourmet Coffee reports the followin.docx

  • 1. 1.) 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:
  • 2. 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 :
  • 3. $.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
  • 4. 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:
  • 5. 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
  • 6. 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:
  • 7. 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.