1.Sharifi Hospital

Milar Corporation makes a product with the following standard costs: Standard Quantity or Standard Price or Hours Rate Direct materials 2.0 pounds $ 7.00 per pound Direct labor 1.4 hours $10.00 per hour Variable overhead 1.4 hours $ 4.30 per hour In January the company produced 4,800 units using 10,320 pounds of the direct material and 2,300 direct labor-hours. During the month, the company purchased 10.890 pounds of the direct material at a cost of $76.770. The actual direct labor cost was $38.242 and the actual variable overhead cost was $11.943. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is:Tharaldson Corporation makes a product with the following standard costs: Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit Direct materials 5.5 ounces $ 2.00 per ounce $11.00 Direct labor 0.4 hours $ 11.00 per hour $ 4.40 Variable overhead 0.4 hours $ 8.00 per hour $ 3.20 The company reported the following results concerning this product in June. Originally budgeted output 4, 100 units Actual output 4, 100 units Raw materials used in production 23, 500 ounces Purchases of raw materials 24, 030 ounces Actual direct labor-hours 550 hours Actual cost of raw materials purchases $ 42, 800 Actual direct labor cost $ 14, 100 Actual variable overhead cost $ 4,050 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The labor rate variance for June is:\fJuhasz Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Standard Price or Hours Rate Direct labor 0.50 hours $33.00 per hour Variable overhead 0.50 hours $ 5.30 per hour In August the company produced 9.200 units using 4.720 direct labor-hours. The actual variable overhead cost was $23,600. The company applies variable overhead on the basis of direct labor-hours. The variable overhead efficiency variance for August is:The following materials standards have been established for a particular product Etandard quantity per unit of output 4.? pounds Standard price $13.56 per pound ' The following data pertain to operations conoeming the product for the last month: Actual materials purchased 5,253 pounds Actual cost of materials purchased $63,183 Actual materials used in production 4,?53 pounds Actual output HE! units [ The direct materials purchases variance is computed when the materials are purchased. What is the mate rials quantity 1leariance for the month? The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.1 hours Standard labor rate $15.20 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 8, 200 hours Actual total labor cost $122, 180 Actual output 810 units What is the labor rate variance for the month?Dinham Kennel uses tenant-days as its measure of activity, an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 3.100 tenant-days, but its actual level of activity was 3,120 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed Variable element element per per month tenant - day Revenue $34.00 Wages and salaries $ 2,900 $ 7.00 Food and supplies 1, 000 13.50 Facility expenses 7,500 2.50 Administrative expenses 6, 900 0.10 Total expenses $16, 500 $23.10 Actual results for March: Revenue $104, 372 Wages and salaries $ 28,509 Food and supplies $ 44, 025 Facility expenses $ 14,900 Administrative expenses $ 7,090 The spending variance for facility expenses in March would be closest to:Capelli Hospital bases its budgets on patient-visits. The hospital's static budget for August appears below: Budgeted number of patient-visits 9, 500 Budgeted variable costs: Supplies (@$9.60 per patient-visit) $ 91, 200 Laundry (@$9.30 per patient-visit) 88 , 350 Total variable cost 179 , 550 Budgeted fixed costs: Wages and salaries 99, 750 Occupancy costs 107 , 750 Total fixed cost 207, 500 Total cost $387, 050 The total variable cost at the activity level of 9.600 patient-visits per month should be:\fA manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 4.60 DLHS Standard variable overhead rate $11.55 per DLH The following data pertain to operations for the last month: Actual direct labor-hours 8, 500 DLHS Actual total variable manufacturing overhead cost $95,930 Actual output 1, 709 units What is the variable overhead rate variance for the month?Doogan Corp-oration makes a product with the following standard costs: Standard _ _ Quantity or Standard Price or- . _ mum: _ are Direct materials 8.? grams E 3.30 per gram Direct labor 0.5 hours $33.00 per hour Variable overhead 13.5 hours i 3.33 per hour The companyI produced 6.500 units in January using 40.610 grams ofdirect material and 2.510 direct la borhours. During the month. the company purchased 45300 grams ofthe direct material at $3.00 per gram. The actual direct labor rate was $32.30 per hour and the actual variable overhead rate was $8.10 per hour. The compa ny applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the mate rials are purchased. The variable overhead rate varia rice for January is: Turruhiates Corporation makes a product that uses a mate rial with the following standards: Standard duantit1.f 8.3 liters per unit Standard price S 2.33 per liter Standard cost $23.24 per unit I The companyI budgeted for production of 4.100 units in April. but actual production was 4,200 units. The com pan}:I used 35.300 liters of direct material to produce this output. The companyI purchased 211M110 liters ofthe direct material at $190 per liter. The direct materials purchases variance is computed when the materials are purchased. The mateals qua mil}.r variance for April is: Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits 9,509 Budgeted variable overhead costs: Supplies (@$5.20 per patient-visit) $ 49,400 Laundry (@$8.20 per patient-visit) 77,900 Total variable overhead cost 127 , 300 Budgeted fixed overhead costs: Wages and salaries 52,900 Occupancy costs 85 , 809 Total fixed overhead cost 138 , 700 Total budgeted overhead cost $266, 900 The total overhead cost at an activity level of 10.200 patient-visits per month should be:Tharaldson Corporation makes a product with the following standard costs: Standard Standard Quantity or Standard Price or Cost Per Hours Rate Unit Direct materials 7.4 ounces $ 7.00 per ounce $51.80 Direct labor 0.8 hours $ 18.00 per hour $14.40 Variable overhead 3.8 hours $ 7.00 per hour $ 5.60 The company reported the following results concerning this product in June. Originally budgeted output 2, 800 units Actual output 2, 400 units Raw materials used in production 19, 030 ounces Purchases of raw materials 22, 300 ounces Actual direct labor-hours 4, 400 hours Actual cost of raw materials purchases $ 41 , 300 Actual direct labor cost $ 12, 890 Actual variable overhead cost $ 3,400 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for June is:Puvo, Inc, manufactu resa single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product Standard tibiae Standard Standard: Quantiiqr or late Cost Direct materials 1.5 pounds Sr 159 per pound 5 11 . 25 Direct labor 8 .6 hours $24 .68 per hour 5 14 .48 Variable manufacturing overhead 6.6 hours $ 5.?5 per hour $ 3.45 Dun'ng March. the following activity was recorded bythe company: . The company produced 5,600 units during the month. . A total M11400 pounds of material were purchased at a cost of $31520. - There was no beginning inventory of materials on hand to start the month: at the end ofthe month. 1680 pounds of material remained in the warehouse. . During March. 4.1m direct laborhours were worked at a rate of $24.50 per hour. . Variable manufacturing overhead costs during March totaled $14,551 The direct. materials purchases variance is computed when the materials are purchased. The materials quantityI va ria nce for March is: