Buenort Company produces a well-known cologne. The standard manufacturing cost of the cologne is described by the following standard cost sheet: Direct materials Liquids (4.502 50.40) Bottles (1 30.05) Direct labor (02. 515.00) Variable overhead (0.2h $5.00) 1.00 Fixed overhead (0.2 hr. 51.50) 0.30 Standard cost per unit Management has decided to investigate only those variances that exceed the lesser of 10% of the standard cost for each category or $20.000 During the past quarter, 250,000 four-ounce bottles of cologne were produced. Descriptions of actual activity for the quarter A total of 1.35 m onounces of oos was purchas e d and processed. Evaporation was higher than expected (no vetones of ouds are maintained. The price paid per un averaged $0.42 Exactly 250.000 botties were used. The price for each bottle was 0.048 Direct labor hours totaled 48.250, with a total cost of $33.000 Normal production volume for Buenolontis 250.000 bottles per quarter. The standard overhead rates are computed by using normal volume. All overhead costs are incurred domly throughout the year Required: 1. Calculate the upper and lower controllints for materials and labor Liquid standard Upper controllimit Check My Work 2 more Check My Wor m ing A sad Emal instructor Save and be submit Assignment for Grading Y THTKl calculate these and lower control for materials and labor Liquid standard Upper controllimit Lower controllimit Bottle standard Upper controllimit Lower controllimit Direct labor standard Upper control Lower controllimit 2. Compute the total materials variance, and break it into price and usage variances would these variances be investigate If there is no variance, enter in the amount box and select "No variance from the dropdown menu. Would it be investigated? Totallud variance Unfavorable Materace variance Unfavorable Matagarance Unfavorable Total bottle variance Favorable Materials price variance Materials usage variance Check My Wort 2 Check My Work om Previous Next > All work ved at brut Save and Submit Assignment for Grading THK 2. Compute the total materiais variance, and break it into price and usage variances. Would these variances be investigated? If there is no variance, enter in the amount box and select "No variance from the dropdown menu Would it be investigated? Totalliquid variance Unfavorable Materials price variance Unfavorable Materials usage variance Unfavorable Total bottle variance Favorable Material price variance Favorable Ne variance 3. Comoute the total bor variance, and break it into rate and e ncy variances would these variances bevestigated Round Gions to two decal necessary and round finalwers to the nearestar Would it be investigated? Tollaborare Laborrate variance Labor eficiency variance Partially come Check My Work 2 more Check My Works remaining Previous Next > All work saved Email Instructor Save and be went Ain grmere for Gradre Beer Company produces a well-known colore. The standard manufacturing cost of the car is described by the standard cost sheet: Direct materials $.30 0.05 3.00 Liquids (4.50 $0.40) Bottles ( 1 50.05) Direct labor(0.2. 515.00) Variable overhead (0.2h $5.00) Fixed overhead (0.2 hr. 51.50) Standard cost per unit 1.00 30 16.15 Management has decided to investigate only those variances that exceed the lesser of 10% of the standard cost for each category or $20,000 During the past Quarter 250,000 for ounce bottles of cologne were produced. Descriptions of actual activity for the quarter follow a. A total of 1,35 milionounces of liquids was purchased, wed, and processed. Evaporation was higher than expected no vetores o quids are maintained). The price paid per un averaged $0.42 actly 250,000 bottles were used. The price paid for each bottle was 0.048 c. Direct labor hours totaled 48,250, with a total cost of $30,000. Normal production volume for Buenort is 250.000 bottles per quarter. The standard overhead rates are computed by using normal volume. All overhead costs are incurred uniformly throughout the year. Required: 1. Calculate the upper and lower control mits for materials and labor Liquid standard Upper controllimit Previous Next > I work saved Emal instructor Save and Ix Submit Assignment for Grading ebook Calculator 1. Calculate the upper and lower control limits for materials and labor. Liquid standard Upper controllimit Lower controllimit Bottle standard Upper controllimit Lower controllimit Direct labor standard Upper controllimit Lower controllimit 2. Compute the total materias variance, and break it into price and usage variances. Would these variances be investigated? If there is no variance, enter in the amount box and select "No variance from the dropdown menu. Would it be investigated? Total liquid variance Unfavorable Materials price variance Unfavorable Materials usage variance Unfavorable Favorable Total bottle variance Materials price variance Materials usage variances Previous Next > Check My Work 2 more Check My Worluses remaining All work saved Email instructor Save and Exit Submit Assignment for Grading 2. Compute the total materials variance, and break it into th e mount and and usage variances would these are the warmthede Would it be investigated? T ould wance Unfavorable Materials usage variance Unfavorable To bence Favorable Material price variance Favorable Materials usage variance 3. Camout the labor race and bre a te and ency ware with variancese vestigated termediate calculations to two decimal places, if necessary and round final answers to the nearest dollar und Would it be investigated? Tollaborare Favori Laborrate variance Labor efficiency variance Check My Workmore Check My Wo m ang Previous Next > Al wat ve r o eroe Saved to some fungere to Cradre delete M Buenort Company produces a well-known cologne. The standard manufacturing cost of the cologne is described by the following standard cost sheet: Direct materials Liquids (4.502 50.40) Bottles (1 30.05) Direct labor (02. 515.00) Variable overhead (0.2h $5.00) 1.00 Fixed overhead (0.2 hr. 51.50) 0.30 Standard cost per unit Management has decided to investigate only those variances that exceed the lesser of 10% of the standard cost for each category or $20.000 During the past quarter, 250,000 four-ounce bottles of cologne were produced. Descriptions of actual activity for the quarter A total of 1.35 m onounces of oos was purchas e d and processed. Evaporation was higher than expected (no vetones of ouds are maintained. The price paid per un averaged $0.42 Exactly 250.000 botties were used. The price for each bottle was 0.048 Direct labor hours totaled 48.250, with a total cost of $33.000 Normal production volume for Buenolontis 250.000 bottles per quarter. The standard overhead rates are computed by using normal volume. All overhead costs are incurred domly throughout the year Required: 1. Calculate the upper and lower controllints for materials and labor Liquid standard Upper controllimit Check My Work 2 more Check My Wor m ing A sad Emal instructor Save and be submit Assignment for Grading Y THTKl calculate these and lower control for materials and labor Liquid standard Upper controllimit Lower controllimit Bottle standard Upper controllimit Lower controllimit Direct labor standard Upper control Lower controllimit 2. Compute the total materials variance, and break it into price and usage variances would these variances be investigate If there is no variance, enter in the amount box and select "No variance from the dropdown menu. Would it be investigated? Totallud variance Unfavorable Materace variance Unfavorable Matagarance Unfavorable Total bottle variance Favorable Materials price variance Materials usage variance Check My Wort 2 Check My Work om Previous Next > All work ved at brut Save and Submit Assignment for Grading THK 2. Compute the total materiais variance, and break it into price and usage variances. Would these variances be investigated? If there is no variance, enter in the amount box and select "No variance from the dropdown menu Would it be investigated? Totalliquid variance Unfavorable Materials price variance Unfavorable Materials usage variance Unfavorable Total bottle variance Favorable Material price variance Favorable Ne variance 3. Comoute the total bor variance, and break it into rate and e ncy variances would these variances bevestigated Round Gions to two decal necessary and round finalwers to the nearestar Would it be investigated? Tollaborare Laborrate variance Labor eficiency variance Partially come Check My Work 2 more Check My Works remaining Previous Next > All work saved Email Instructor Save and be went Ain grmere for Gradre Beer Company produces a well-known colore. The standard manufacturing cost of the car is described by the standard cost sheet: Direct materials $.30 0.05 3.00 Liquids (4.50 $0.40) Bottles ( 1 50.05) Direct labor(0.2. 515.00) Variable overhead (0.2h $5.00) Fixed overhead (0.2 hr. 51.50) Standard cost per unit 1.00 30 16.15 Management has decided to investigate only those variances that exceed the lesser of 10% of the standard cost for each category or $20,000 During the past Quarter 250,000 for ounce bottles of cologne were produced. Descriptions of actual activity for the quarter follow a. A total of 1,35 milionounces of liquids was purchased, wed, and processed. Evaporation was higher than expected no vetores o quids are maintained). The price paid per un averaged $0.42 actly 250,000 bottles were used. The price paid for each bottle was 0.048 c. Direct labor hours totaled 48,250, with a total cost of $30,000. Normal production volume for Buenort is 250.000 bottles per quarter. The standard overhead rates are computed by using normal volume. All overhead costs are incurred uniformly throughout the year. Required: 1. Calculate the upper and lower control mits for materials and labor Liquid standard Upper controllimit Previous Next > I work saved Emal instructor Save and Ix Submit Assignment for Grading ebook Calculator 1. Calculate the upper and lower control limits for materials and labor. Liquid standard Upper controllimit Lower controllimit Bottle standard Upper controllimit Lower controllimit Direct labor standard Upper controllimit Lower controllimit 2. Compute the total materias variance, and break it into price and usage variances. Would these variances be investigated? If there is no variance, enter in the amount box and select "No variance from the dropdown menu. Would it be investigated? Total liquid variance Unfavorable Materials price variance Unfavorable Materials usage variance Unfavorable Favorable Total bottle variance Materials price variance Materials usage variances Previous Next > Check My Work 2 more Check My Worluses remaining All work saved Email instructor Save and Exit Submit Assignment for Grading 2. Compute the total materials variance, and break it into th e mount and and usage variances would these are the warmthede Would it be investigated? T ould wance Unfavorable Materials usage variance Unfavorable To bence Favorable Material price variance Favorable Materials usage variance 3. Camout the labor race and bre a te and ency ware with variancese vestigated termediate calculations to two decimal places, if necessary and round final answers to the nearest dollar und Would it be investigated? Tollaborare Favori Laborrate variance Labor efficiency variance Check My Workmore Check My Wo m ang Previous Next > Al wat ve r o eroe Saved to some fungere to Cradre delete M