Attached is the project assignment, in the file thereare all the information required for the project, the project has 5 parts.

ACCT 202 Name Project 2 v2.0 Chron Inc. manufactures hydroponic growing systems for the home organic gardener. In December, the company completed production of 3,200 units. The actual operating results follow: deprec -- equipment direct labor dollars direct material dollars factory insurance 21,728.00 387,200.00 1,680,000.00 25,408.00 units produced 3,200 direct material quantity 56,000 ft 17,600 factory rent factory supervision 40,480.00 49,664.00 direct labor hours indirect labor indirect material 23,936.00 28,384.00 sales price per unit repairs & maintenance utilities 13,568.00 43,232.00 1,250.00 Management felt that this production run was exemplary and decided to use the per unit results as standards for future production runs. In March, the company completed another successful quarter. Actual operating results are given below: deprec -- equipment direct labor dollars direct material dollars 24,444.00 433,116.00 1,911,600.00 units produced 3,600 direct material quantity 64,800 ft 19,080 factory insurance factory rent 28,542.00 45,540.00 direct labor hours factory supervision indirect labor 52,206.00 25,877.00 sales price per unit indirect material repairs & maintenance utilities 30,841.00 8,229.00 49,533.00 1,250.00 Required: 1 Using the results from December, create standards (Direct Materials, Direct Labor, Variable Overhead and Fixed Overhead) for the product. 10 points 2 Total capacity for Chron Inc. is 4,000 units per quarter. Create flexible budgets for 70%, 80% and 90% of operating capacity (through operating income). In addition, include the following SG&A items: order processing shipping advertising expense sales salaries $ 11.00 / unit $ 9.50 / unit 300,000.00 280,000.00 commission accounting executive salaries admin salaries 5.0% of sales dollars 165,000.00 295,000.00 145,800.00 instructions, page 1 qattachments_88989530c4d1f1392c44a332e9295ed09bddee1f.xlsx ACCT 202 Name Project 2 v2.0 Required (continued): 3 Using the flexible budget prepared in part 2, prepare a variance analysis of the actual operating results against the standards created in part 1 (Direct Materials, Direct Labor, Variable Overhead and Fixed Overhead only). 4 Prepare a fixed budget analysis variance report for SG&A items. March actuals follow: order processing 38,500.00 commission 225,000.00 shipping 36,000.00 accounting 162,500.00 advertising expense 346,000.00 executive salaries 302,000.00 sales salaries 280,000.00 admin salaries 147,500.00 5 Prepare a 1/2 page management briefing discussing the analysis of all variances. You may prepare this by hand or in Excel. Hand-written work must be legible; all work must be identified and understandable. Use as many "page X" blanks as you need -- there's a place for you to number them. instructions, page 2 qattachments_88989530c4d1f1392c44a332e9295ed09bddee1f.xlsx ACCT 202 Name Project 2 v2.0 page _____ qattachments_88989530c4d1f1392c44a332e9295ed09bddee1f.xlsx