Chrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ) 92% Wed 10:35 AM Dave Barr QE ... a Amazon.cc x a Amazon.cc x m HBOMax X Student Pc x | My Citation X C Determine x C Assembly x WP ACC-650 x WP NWP Asse X Course He X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7fed742f-8a1c-4af5-ab62-7d73678c0525#/question/10 Update : - ACC-650 TOPIC 4 Assignment Question 11 of 11 - 195 ... View Policies Current Attempt in Progress Waterway, Ltd. manufactures shirts, which it sells to customers for embroidering with various slogans and emblems. The standard cost card for the shirts is as follows. Standard Price Standard Quantity Standard Cost Direct materials $3 per yard 2.00 yards $6.00 Direct labor $14 per DLH 0.75 DLH 10.50 Variable overhead $3.20 per DLH 0.75 DLH 2.40 Fixed overhead $3 per DLH 0.75 DLH 2.25 $21.15 Sandy Robison, operations manager, was reviewing the results for November when he became upset by the unfavorable variances he was seeing. In an attempt to understand what had happened, Sandy asked CFO Suzy Summers for more information. She provided the following overhead budgets, along with the actual results for November. The company purchased 82,900 yards of fabric and used 94,500 yards of fabric during the month. Fabric purchases during the month were made at $2.80 per yard. The direct labor payroll ran $470,400, with an actual hourly rate of $12.25 per direct labor hour. The annual budgets were based on the production of 609,000 shirts, using 459,000 direct labor hours. Though the budget for November was based on 46,400 shirts, the company actually produced 42,900 shirts during the month. 7 Edx 14-2.jChrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ) 92% Wed 10:35 AM Dave Barr QE ... a Amazon.cc x a Amazon.cc x m HBOMax X Student Pc x | My Citation X C Determine x C Assembly x WP ACC-650 x WP NWP Asse X Course He X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7fed742f-8a1c-4af5-ab62-7d73678c0525#/question/10 Update : - ACC-650 TOPIC 4 Assignment Question 11 of 11 - 195 ... Sandy Robison, operations manager, was reviewing the results for November when he became upset by the unfavorable variances he was seeing. In an attempt to understand what had happened, Sandy asked CFO Suzy Summers for more information. She provided the following overhead budgets, along with the actual results for November. The company purchased 82,900 yards of fabric and used 94,500 yards of fabric during the month. Fabric purchases during the month were made at $2.80 per yard. The direct labor payroll ran $470,400, with an actual hourly rate of $12.25 per direct labor hour. The annual budgets were based on the production of 609,000 shirts, using 459,000 direct labor hours. Though the budget for November was based on 46,400 shirts, the company actually produced 42,900 shirts during the month. Variable Overhead Budget Annual Budget Per Shirt November-Actual Indirect material $445,000 $1.20 $49,100 Indirect labor 302,000 0.75 31,400 Equipment repair 200,000 0.30 20,900 Equipment power 48,000 0.15 6,800 Total $995,000 $2.40 $108,200 Fixed Overhead Budget Annual Budget November-Actual city XPJA 14-2.jpChrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ) 92% Wed 10:35 AM Dave Barr QE ... a Amazon.cc x a Amazon.cc x m HBOMax X Student Pc x | My Citation x C Determine x C Assembly x WP ACC-650 x WP NWP Asse X Course He X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7fed742f-8alc-4af5-ab62-7d73678c0525#/question/10 Update : - ACC-650 TOPIC 4 Assignment Question 11 of 11 > - 193 ... Total $995,000 $2.40 $108,200 Fixed Overhead Budget Annual Budget November-Actual Supervisory salaries $258,000 $21,900 Insurance 350,000 27,900 Property taxes 84,000 6,400 Depreciation 320,000 26,200 Utilities 215,000 20,900 Quality inspection 282,000 25,500 Total $1,509,000 $128,800 (a) Calculate the direct materials price and quantity variances for November. (If variance is zero, select "Not Applicable" and enter O for the amounts.) W 7 Edx 14-2.j OChrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ) 92% Wed 10:35 AM Dave Barr QE ... a Amazon.cc x a Amazon.cc x m HBOMax X Student Pc x | My Citation X C Determine x C Assembly x WP ACC-650 x WP NWP Asse X Course He X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7fed742f-8a1c-4af5-ab62-7d73678c0525#/question/10 Update : - ACC-650 TOPIC 4 Assignment Question 11 of 11 C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7fed742f-8a1c-4af5-ab62-7d73678c0525#/question/10 Update : - ACC-650 TOPIC 4 Assignment Question 11 of 11 - 195 ... Direct labor efficiency variance $ (c) Calculate the variable overhead spending and efficiency variances for November. (Round answers to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) Variable overhead spending variance $ Variable overhead efficiency variance (d) Calculate the fixed overhead spending variance for November. (Round answer to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) Fixed overhead spending variance $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer O W ED Q tv X PA 14-2.jp O