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1. 2. 3. 4. please answer all of them!!! Budget Performance Report Lanier Bottle Company msnufactures plastic two-liter botties for the beverage industry. The cost

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please answer all of them!!!
Budget Performance Report Lanier Bottle Company msnufactures plastic two-liter botties for the beverage industry. The cost standards per 100 two-liter bottles are as tobavs: At the beginning of January, Lanier Bottie's management planned to produce 3,500,000 botties. The actial number of bottles produced for lanuary was 3,600,000 bottles. Th bctual costs for lanuary of the cument year were as follows: b. Prepare a budget performance report for manufacturing costs, showing the total cost variances for direct materials, direct labor, and foctory overhead far lanuary, Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number c. Lanier Bottie Company's actual cocts were $2,550 than bcidgeted. The direct labor and drect matenials cost varlances more than offset the tactory oveitead cost variance. Direct Matenas Wariances The following data relate to the direct materials cost for the production of automobile tires Actual 58,300lbs, bt 51.75 per 1lb Standard: 59,500 bs: at 51,70 per lb. a. Determine the direct matenals price variance, direct materials quantity vasiance, and tokal direct materials cost variance. Enter a favorable variance as a negative number using a minus tion and an unfavorable variance as a postove number. b. The direct materiais price variance should normally be reported to the When lower amounts of direct materiais are iref because of production efliciencies, the variance would be reported to the. When the favorable use of raw macerials is caused by the purchose of higher-quality raw materials, the variance should be reported to the Direct Materials Wariances Keamy the, produces tablet computers. The company uses crystal LCD displays for its products. Each tablet usos one diplay. The company produced 15 , 000 tablets dunng February, However, doe to LCD defects, the company actually used 15,250 LCD displays during February. Each display has a standard cost of $1.90, The 15,250 LCD displays were purchased for Februatry production at a cost of $27.450 Determine the perce varimnce, quantity variance, and total direct materials cost variance for February Enter a foverable varisnce os a negative number using a minus won and an unfavorable variance as a posifive number. Direct Labor Variances The folliowing data reiate to labor cost for production of 6,100 cellular telephones: Actubl: 4.140 hrs. at $16.30 Standard: 4.070 hrt: at 516.60 a. Determine the direct labor rate variance, direct labor time varianse, and total direct labor coot variance. Enter a favorable variance as a negative number using a minus sign and an untwyorbble vacance as a postive number. b. The employes may have tieen less expenenced or pooriy trained, thereby resulting in a iobor rate than oianned. The lower iever of experiance on training may have resulted in efficefi performance. Thus, the actual time required was than standard

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