Easy Roller, Inc , manufactures plastic mats to use with rolling office chairs Its standard cost information for last year follows Easy Roller had the following actual results for the past year Required Calculate Easy Rollers direct materials price and quantity variances Direct costs Plastic Direct...

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Easy Roller, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for

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Easy Roller, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

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Easy Roller had the following actual results for the past year.

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Required:

Calculate Easy Roller’s direct materials price and quantity variances.

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Managerial Accounting

ISBN: 9780078110771

1st Edition

Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips

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Question Posted: May 15, 2024 08:02 AM

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Easy Roller, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for

Question:

Direct costs Plastic Direct labor Variable manufacturing overhead Fixed manufacturing overhead ($360,000/900,000 units) Standard Quantity Standard Price (Rate) Standard Unit Cost 12 sq ft. $ 0.75 per sq. ft. $9.00 .25 hr. 12.00 per hr. 3.00 1.20 per direct labor hour 0.30 0.40

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Managerial Accounting

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