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Hoppe IncManufactures Widgets

question 29

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Hoppe Inc.manufactures widgets.Management has determined that each widget has a standard materials cost of $3.50 when 2.5 grams of raw material at a cost of $1.40 per gram are used.The static budget for the month of December showed an estimated production of 4000 widgets in December.During December,4300 widgets were actually produced.The actual cost for each widget was $3.60 when 2.25 grams of raw material at a cost of $1.60 per gram were purchased and used.What should be the total direct materials cost according to Hoppe's flexible budget for December?


Definitions:

Thistle Tube

A laboratory equipment used primarily in filtration and gas collection, featuring a funnel-like top and a long, narrow stem.

Fontanels

Soft, membranous gaps between the cranial bones of an infant's skull that facilitate birth and brain growth.

Fetal Skull

The developing skull of a fetus, characterized by soft spots known as fontanels, which allow for growth and flexibility during birth.

Ethmoid

A lightweight, spongy bone located at the root of the nose between the eyes, forming part of the cranial floor and part of the nasal cavity and eye orbits.

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