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all the information is in the picture Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Thomas Corporation's Aprill operations, during
all the information is in the picture
Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Thomas Corporation's Aprill operations, during which 2.000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours Standard Units Costs Total Actual Costs Direct material 124 Standart (2@112001b3 Actual 14,200 16.112.80/16) Octubr 153,760 Standard (0.5 hr. 127 $13.50 Actual 1950 hrs 126) 24700 Standard (0.5 fr. @sane) 14.50 Actual $450 Total 142 167,910 Determine the following variances Do not use negative signs with any of your answers. Next to each variance answer, select either "P' for Favorable or "U" for Unfavorable. Materials Variances Actual cast Spico Standard co Materials price Maneras efficiency Laber Variances Actual cont Spit Standard co Labirate Labor efficiency Variable overhead Labor Variances Actual cost: $ Split cost: $ Standard cost: $ Labor rate $ Labor efficiency $ Variable Overhead Variances Actual cost: $ Split cost: Standard cost: Variable overhead spending $ Variable overhead efficiency $ 4 4 Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Thomas Corporation's April operations, during which 2.000 finished units of product were produced: Normal monthly capacity is 1,100 direct labori hours. Standard Units Costs Total Actual Costs Direct material $24 Standard (2@$12.00) Actual (4,200 112.80 $53,760 Direct labor Standard (05 hr@$27) $13.50 Actual 950 hrs s 24,700 Standard 10593 Actual $450 Total 142 147,910 Determine the following variances Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable Materials Variances Actual cost Sple cont Standard co Materials price 1 D Materials officiency S Labor Variances Actual cust Split cost Standard cost Laborate 0 Labor efficiency Variable overhead O Determine the following vanances Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable Materials Variances Actual cost Scot 1 0 Standard cost S 0 Materials price S 0 Materials efficiency 1 0 Labor Variances Actual cost Split cost S 0 Standard costs 0 Laborate s 0 Labor efficiency 0 Variable Overhead Variances Actual cost Spitst D Standard cost Variable overhead spending D Variable overhead efficiency D Check Step by Step Solution
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