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1. Prepare a schedule of total standard manufacturing costs for the 7,600 output units in January 2020. 2. For the month of January 2020, compute

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1. Prepare a schedule of total standard manufacturing costs for the 7,600 output units in January 2020. 2. For the month of January 2020, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance X Data table Cost per Input 5 lb. at $4 per lb. 4 hrs, at $16 per hr Output Unit $ 20.00 Direct materials 64.00 Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead $8 per DMLH 32.00 36.00 $9 per DMLH $ 152.00 Standard manufacturing cost per output unit The denominator level for total manufacturing overhead per month in 2020 is 37,000 direct manufacturing labor-hours. Beal's budget for January 2020 was based on this denominator level. The records for January indicated the following: Direct materials purchased Direct materials used 40,300 lb. at $3.80 per lb. 37,300 lb. 31,400 hrs. at $16.25 per hr. Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production $650,000 7,600 output units The Beal Manufacturing Company's conting som has two direct cont calorie direct materials and direct manufacturing for Manufacturing overhead (both variable and fund is located to products on the basis of standard direct manufacturing (DEAL Beginning of 2020, Beal adopted the following standards for its manufacturing con Click to view the standarde) Olck to view it on Read the Requirement 1. Prepare a schedule of total vandard manufacturing costs for the 7800 output unta in doua 2020

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