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can someone help me please?! its due today. there is 3 parts. Required information [The following information applies to the questions displayed below.) Antuan Company
can someone help me please?! its due today. there is 3 parts.
Required information [The following information applies to the questions displayed below.) Antuan Company set the following standard costs per unit for its product Direct materials (3.2 pounds @ $5.ee per pound) $ 15.00 Direct labor (1.8 hours @ $10.ee per hour) 18.ee Overhead (1.8 hours $18.5e per hour) 33.30 Standard cost per unit $ 66.30 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15, eee Maintenance 30,eee Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building 24,000 he AAR Saved Help $ 15,000 75,000 15,000 3 , 135 , Variable overhead costs Indirect materials Indirect labor Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs 24,00 71,000 17,000 252,500 364,500 $ 499,500 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (46,500 pounds @ $5.20 per pound) $ 241,800 Direct labor (21,000 hours @ $10.30 per hour) 216,3ee Overhead costs Indirect materials $ 41,250 Indirect labor 176,950 Power 17,250 Maintenance 34,500 Depreciation-Building 24,000 Depreciation-Machinery 95,850 Taxes and insurance 15,300 Supervisory salaries 252,500 657,600 Total costs $ 1,115,700 mo Lavorable, or no variance.) Standard Cost Actual Cost 0 $ 0 s 0 S 0 OO 0 Required information [The following information applies to the questions displayed below) Antuan Company set the following standard costs per unit for its product Direct materials (3.2 pounds $5.00 per pound) $ 15.00 Direct labor (1.8 hours $10.00 per hour) 18.00 Overhead (1.8 hours $18.50 per hour) 33.30 Standard cost per unit $ 66.30 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building 24 , AA 75, eee 15, eee 30, 135,000 Indirect labor Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs 24, eee 71,000 17,eee 252,500 364,5ee $ 499, 5ee The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (46,580 pounds @ $5.20 per pound) $ 241,800 Direct labor (21,00 hours @ $10.30 per hour) 216,300 Overhead costs Indirect materials $ 41,250 Indirect labor 176,95 Power 197.250 Maintenance 34,5ee Depreciation-Building 24,000 Depreciation-Machinery 95,850 Taxes and insurance 15,300 Supervisory salaries 252,500 657,600 Total costs $ 1,115,700 oute the direct labor variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting ile, unfavorable, or no variance. Round "Rate per hour" answers to two decimal places.) of 3 Actual Cost Standard aped $ 0 $ 0 $ 0 v vn Me vote v Expected production volume Production level achieved Volume Variance Flexible Budget Actual Results Variances Favorable/Unfavorable Variable overhead costs Fixed overhead costs Required information Fixed overhead costs Total overhead costs Volume Variance $ 0 Volume variance Total overhead variance Step by Step Solution
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