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Answer all and I will give thumbs up Bellingham Company produces a product that requires 7 standard pounds per unit. The standard price is $8.5
Answer all and I will give thumbs up
Bellingham Company produces a product that requires 7 standard pounds per unit. The standard price is $8.5 per pound. If 2,500 units required 18,200 pounds, which were purchased at $8.33 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance b. Direct materials quantity variance c. Total direct materials cost variance Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $15.00 per hour. If 4,300 units required 12,500 hours at an hourly rate of $15.60 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance b. Direct labor time variance c. Total direct labor cost variance $ Bellingham Company produced 5,500 units of product that required 2 standard hours per unit. The standard variable overhead cost per unit is $2.70 per hour. The actual variable factory overhead was $30,320. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Dvorak Company produced 4,000 units of product that required 3.5 standard hours per unit. The standard fixed overhead cost per unit is $2.15 per hour at 15,400 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive numberStep by Step Solution
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