Country Designs is a manufacturer of large flower pots for urban settings. The company has these standards: (Click the loon to view the standards) Click the loon to view the actual results.) Requirements 1. Compute the variable manufacturing overhead variances What to each of these variances to management? 2. Compute the feed manufacturing overhead variances. What do each of these variances wil management? 5.850 Requirement 1. Compute the variable manufacturing overhead variances. What do each of these variances toll management? (Enter the variances as positive numbers Enter the currency amounts in the formules to the nearest cent, the round the final variance amounts to the nearest whole dollar Label the variance as favorable (F) or unfavorable()) Begin by computing the variable manufacturing overhead rate variance. First stermine the formula for the rate verture, the compute the rate variance for variable manufacturing overhead. Variable overhead Actual hours Actualate Standard rate ) rate variance x 5 7.20 7.00 ) $ 1,170 U Now compute the variabile manufacturing overhead arianon First determine the formula for the one on the compute the efficiency variance for at mandaling overhead Variable overhead Standard role Actual hours Standard hours afowed aiciency variance 7.00 * 5.200 4550 U What do sach of these variances to management? The unfavorable variable manufacturing overhead (OH) rate variance is managers that direct labor costs were higher than expected. The favorable variable MH ency variance tells Click to select your answers and then click Check Answer. 3 parts remaining Clear All Final Check Country Design is a manufacturer of large flower pots for urban settings. The company has these standards (Click the loon to view the standards) (Click the icon to view the actual results.) Requirements 1. Compute the variable manufacturing overhead variances. What to each of these variances to management? 2. Compute the found manufacturing overhead variances. What do each of these variances toll management? cent, the round the final variance amounts to the nearest whole dollar Label the verance as favorable) or unfavorable (UB) Begin by computing the variable manufacturing overhead rate variance. First determine the formula for the rate variance, the compute the rate variance for variable manufacturing overhead Variatie overhead Actual hours Actualme Standard rate rate variaron 5.850 7.20 7.00 3-5 1,170 U Now compute the variable manufacturing overhead officiency variance. Fint determine the formula for the efficiency variance, the compute the efficiency variance for variable manufacturing overhead. Variable overhead Standard rate x Actual hours Standard hours allowed ) officiency variance 7.00 5,850 5.200 1 = $ 4,550 U What do each of these variances tel management? The variable manufacturing overhead (MOH) rate variance tells managers that than expected. The Vatable MOH officiency variance is managers Pat actus Twe { $ than Click to select your answers) and then click Check Answer parts remaining Question Hep Country Design is a marcher of large flower pots for urban setings. The company has these and (Click the loon to view the standards) Click the icon to view the chal results 0 Actual Resus Standard Price and Volum Direct mais resin 13 pounds per pot a cost of 14.00 per pound 4 hours of $170 per how Det labor Standard var mancung vedra Bulgated fra mancing overhead Standard feed MOH Country Designs located matching overheat to production based on standard direct labor hours last month the company reported the following for the production of 1.300 lower pots Directorials Purchased 1.510 pounds at a cost of $450 per proud Used 17 810 posto pre 1.300 Director Wordshus flower pot 5.350 SOL $10.00 per hour Alvaring wees $7.20 per decor hour fortal har mange 130 Acuadrado $49.500 Standard dance ocated based on 35 000 $700 per director hour S50,000 51000 per direct laboruri Done Y than tes Click to select your and the Check coming 2 part
