21 QS

6 A company reports the following for one of its products, 5 points Direct materials standard (4 pounds $2 per pound) Metual direct materials used (NO) Actual units produced Actual cost of direct materials used $ B per unit 340,000 pounds 65,000 unita 5 612,000 AQ - Actual Quantity SQ - Standard Quantity AP - Actual Price SP - Standard Price Book Compute the direct materials price and quantity variances and Identify each as favorable or unfavorable, Hint Actual Cost Standard Cost References 9 A company reports the following information for its direct labor 5 DO 62,000 $15 51) 63.000 Retual hours of direct laborused Metal rate of direct labor per hour Standard rate of direct labor per hour Standard hours of direct labor for its produced AH - Actual Hours SH - Standard Hours AR Actual Rate SR Standard Rate Compute the direct labor rate and efficiency variances and identity each as favorable or unfavorable. Standard Cost Actual Cost Heterences 11 Part 1 of 2 5 points Required information The following information applies to the questions displayed below! AlrPro Corporation reports the following for this period, Actual total overhead $ 28,925 Standard overhead applied $ 11,620 Budgeted (flexible) variable overhead rate $ 2.10 per unit Hudgeted fixed overhead $ 12,100 Predicted activity level 12,100 units Actual activity level 10,200 units Book Hint Enter your answers in the tabs below. References Required A Required B Compute the total overhead variance and identify it as favorable or unfavorable. Total Overhead Variance Actual total overhead Standard overhead applied Total overhead variance GA Required 8 > 11 Part tot 2 5 points Required information (The following information applies to the questions displayed below) AirPro Corporation reports the following for this period. . Actual total overhead $ 28,925 Standard overhead applied $31,620 Budgeted (tlexible) variable overhead rate $ 2.10 per unit Budgeted fixed overhead $ 12,100 Predicted activity level 12,100 unite retual activity level 10,200 units eBook Hint Enter your answers in the tabs below. References Required A Required Compute the controllable variance and identify it as favorable or unfavorable. Controllable variance Actual total overhead Budgeted (flexible) overhead Budgeted variable overhead Budgeted fed overhead (unchanged) Budgeted (flexible) overhead Controllable variance