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Copland Components manufactures an electronic device for vehicle manufacturing. The current standard cost sheet for a device follows: Direct materials, ? ounces at $ 2
Copland Components manufactures an electronic device for vehicle manufacturing. The current standard cost sheet for a device
follows:
Direct materials, ounces at $ per ounce
$ per device
Direct labor, hours at per hour
per device
Overhead, hours at per hour
Total costs
per device
$ per device
Assume that the following data appeared in Copland's records at the end of the past month:
There are no materlals inventorles.
Requlred:
a Prepare a varlance analysis for direct materlals and direct labor.
b Assume that all production overhead is fixed and that the $ overapplied is the only overhead varlance that can be computed.
What are the actual and applied overhead amounts?
c Complete the standard cost sheet for a device given below.
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Prepare a variance analysis for direct materials and direct labor.
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