Conn1-5. due by 1130pm est usa.

see attachment. the 5 questions are managerial accounting questions. they cover such topics such as labor costs, material costs and usage variances.

Exercise 8-11A Determining materials price and usage variances LO 8-6 Hamper's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow. Required: a. Determine the total flexible budget materials variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round your answer to 2 decimal places.) b. Determine the total materials price variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round your answer to 2 decimal places.) c. Determine the total materials usage variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round your answer to 2 decimal places.) d. Confirm the accuracy of requirements a, b, and c by showing that the sum of the price and usage variances equals the total variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round your answers to 2 decimal places.) Exercise 8-14A Calculating and explaining labor price and usage variances LO 8-6 Keating and Sons, a CPA firm, established the following standard labor cost data for completing what the firm referred to as a Class 2 tax return. Keating expected each Class 2 return to require 4.2 hours of labor at a cost of $51 per hour. The firm actually completed 700 returns. Actual labor hours averaged 4.1 hours per return and actual labor cost amounted to $57 per hour. Required: a. Determine the total labor variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) b. Determine the total labor price variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) c. Determine the total labor usage variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Exercise 8-15A Determining the standard labor price LO 8-6 Wallis Car Wash, Inc., expected to wash 1,000 cars during the month of August. Washing each car was expected to require 0.2 hours of labor. The company actually used 208 hours of labor to wash 910 cars. The labor usage variance was $468 unfavorable. Required: a. Determine the standard labor price. b. Assume the actual labor rate is $13. Calculate the total labor price variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Problem 8-24A Determining materials price and usage variances LO 8-6 Logan Fruit Drink Company planned to make 201,000 containers of apple juice. It expected to use two cups of frozen apple concentrate to make each container of juice, thus using 402,000 cups of frozen concentrate. The standard price of one cup of apple concentrate is $0.21. Logan actually paid $114,816.80 to purchase 410,060 cups of concentrate, which was used to make 202,000 containers of apple juice. Required: b. Compute the actual price per cup of concentrate. (Round your answer to 2 decimal places.) c. Compute the standard quantity (number of cups of concentrate) required to produce the containers. d. Compute the materials price variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round your answer to 2 decimal places.) e. Compute the materials usage variance and indicate whether it is favorable (F) or unfavorable (U).(Select "None" if there is no effect (i.e., zero variance). Round your answer to 2 decimal places.) Problem 8-25A Determining labor price and usage variances LO 8-6 Kalina's Doll Company produces handmade dolls. The standard amount of time spent on each doll is 1.50 hours. The standard cost of labor is $7.69 per hour. The company planned to make 7,600 dolls during the year but actually used 11,700 hours of labor to make 8,600 dolls. The payroll amounted to $93,600. Required: a. Should labor variances be based on the planned volume of 7,600 dolls or the actual volume of 8,600 dolls? The planned volume of 7,600 dolls The actual volume of 8,600 dolls b. Prepare a table that shows the standard labor price, the actual labor price, the standard labor hours, and the actual labor hours. (Round "Standard price and Actual price" to 2 decimal places.) c. Compute the labor price variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) d. Compute the labor usage variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)