Question
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
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 (i.e., zero variance).)
-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, 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 unfavorable, 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 (i.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" for unfavorable, and "None" for no effect (i.e., zero variance).)
c-2. What is the variable overhead rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)
value 100.00 points Chapter 11: Applying Excel: Exercise (Part 2 of 2) Requirement 2: Revise the data in your worksheet to roflect the resuits for the subsequent period as shown beld 1 Chapter 11: Applying Excel 2 3 Data 4 Exhibit 11-1: Standard Cost Card Inputs Standard Quantity Standard Price $4.00 6 Direct materials 7 Direct labor 3.0 pounds 0.50 hours 0.50 hours $22.00 per hour 8 Variable manufacturing overhead $6.00 per hour 10 Actual results: 11 Actual output 1,990 units 12 Actual variable manufacturing overhead cost $7,228 Actual price 13 14 Actual direct materials cost 15 Actual direct labor cost 16 Actual Quantity 6,210 pounds 1,225 hours $4.5 pound:s $22.3 per hour a-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting" variance).) Type here to search
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