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Chapter 11 Lab Due Decomber 4th 11:45 pm Due dote extended to Dec 5th 11 0 12 Consider a manufacturer that makes a certain product
Chapter 11 Lab Due Decomber 4th 11:45 pm Due dote extended to Dec 5th 11 0 12 Consider a manufacturer that makes a certain product Variable manufacturing overhead and fixed manufacturing overhead are allocated to each unit made based on budgeted direct labour-hours. The following are the production data. There were no beginning or ending inventories 10 po Budgeted variable overhead rate per DLL mugeted Date per unit Date for my are follows: geted production value Actual direct labour-hours Metal variable overhead coats Actual production volume Dudgeted the overhead coat Actual fixed overhead coats 11 2 1,200 unit 3,500 DE 36,750 1,500 units $ 26,400 $29.700 00 Required: 1.a. Calculate the direct labour-hours management will have expected to incur in light of the production volume achieved. Direct labour hours hours 1-b. Which amount is relevant for determining tabour officiency variance? Reforminglab ency w Chapter 11 Lab Due December 4th 11:45 pm Due date extended to Dec 5th 11. O Send 12 2. Calculate all the variable overhead variances. (Indicate the effect of each variance by selecting "P" for favourable, "U" for unfavourable, and "None" for no effectie, zero variance).) 10 points Variable overhead role van Variable overhead efficiency vanance Total variable overhead vananca Print Heferences 3. Calculate all the fixed overhead variances. Indicate the effect of each variance by selecting "F* for favourable, "U" for unfavourable, and "None" for no effect (le, zero variance).) Budget variance Volume variance
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