//Answer the Question BMW company Variance Analysis.// //Answer must be handwritten.//

//100% follow the exact same sample answer format provided below.//

BMW Company produces a single product Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The standard costs for one unit of product are as follows: Direct material: 6 ounces at $0.59 per ounce $ 3.54 Direct labor. 1.8 hours at $10.50 per hour 18.90 Variable manufacturing overhead: 1.8 hours at $5 per hour. Total standard variable cost per unit $31.44 9 During June, 2,600 units were produced. The costs associated with June's operations were as follows: Material purchased: 23,400 ounces at $0.60 per ounce $14,040 Material used in production: 23,400 pounces Direct labor. 5,200 hours at $9.75 per hour $50,700 Variable manufacturing overhead costs incurred $27,040 Actual Fixed Overhead $309,000 Budgeted Fixed Overhead (50k machine hours x 6/hour) $300,000 Fixed Overhead Applied to WIP (40k machine hours X $6/hour) $240,000 REQUIRED: DM Rate and Quantity Variance, DL Rate, Efficiency and total variance, Variable Mfg Overhead Rate, Efficiency. and total variance, Fixed Overhead Budget, Volumne, and total variance SHOW ALL Work Actual Variance Standard Metrics Actual cost DM 4,440 7,344 12 096 6 x 56 x 3.6 3.36 * 3.6 Actual cost DL 70,200 1,512 68688 1.8 x10.60 x3.6 Actual cost MFG Ovr. 38,880 5,832 33,048 19.08 x 36 1.8 x 5,10 x 3,6 Total Actual Cost 128.520 14,688 113,832 4.18* 3.6 35,70 31.62 Actual PU = Total Diff 4,08 x Quantity 3,600 14,688 DM price variance 1,296 Quantity Not Used x SP 4,032 DM Quantity variance 2016 7344 DL Rate variance (6,120) DL Efficiency variance 7, 6321 Total Variable MFG Rate variance 2, 160 Variable MFG Efficiency variance 3,672_Total 5,832 Total variance 14, 688 1,512 Total samples answer format page 1 SQ X SP AQ X AP AQ X SP Purchased Used 324 x 564Q * SP 32.4 .40 A) 21.6x.56 112,096 181/44 252x156 1,296 14,112 2016 DM Price Variance DM Quantity Variance AQP --AQU x SP 324 - 2424.56= 4,032 SH X SR AH X AR 6.48 x10.00 7,2x9.75 AHX SR 120,000 68,688 7.2. 10.40 $ 6,120) /76,320 Rate Variance DL Efficency Variance SH X SR AH X AR 5.4 6.48 510 7.2x AH SR 38,880 133048 7.2x5.10 36,720 2,160 3,672 MFG Overhead Rate Variance MFG Overhead Efficency Variance Actual Fixed Overhead Fixed Overhead Applied 240 308 Budgted Fixed Overhead 306 66 Budget Variance 2 Volume Variance Total FO variance 68 308 240 Actul Appled unde 68 sample answer format page 2