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A Chapter 10: Applying Excel 1 2 3 Data 4 Exhibit 10-1: Standard Cost Card 5 Inputs 67 Direct materials Direct labor 8 Variable manufacturing

A Chapter 10: Applying Excel 1 2 3 Data 4 Exhibit 10-1: Standard Cost Card 5 Inputs 67 Direct materials Direct labor 8 Variable manufacturing overhead 9 10 Actual results: 11 12 13 14 15 Actual output Actual variable manufacturing overhead cost Actual direct materials cost Actual direct labor cost $ B Standard Quantity 3.0 pounds 0.50 hours 0.50 hours 2,130 units C 5,856.00 Actual Quantity 6,165 pounds 915 hours $ $ $ $ $ D Standard Price E 4.00 per pound 22.00 per hour 6.00 per hour Actual price 4.10 per pound 22.30 per hour
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a-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero variance)). 0-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfaverable, and "None" for no effect (i.e., zero variance)). b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting " F " for favorable, " U " for unfovorable, and "None" for no effect (i.e., zero variance)). b. 2. What is the labor rate variance? (indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Round your final answer to nearest whole dollar amount.) c-1. What is the variable overhead efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" Tor unfavorable, and "None" for no effect (i.e., zero variance)). 6-2. What is the variable overticod rate variance? Indicate the effect of each voriance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e, zero variance))

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