Data Table Data Table De C Actual ( C Fabrics manufactures aloon to view b rom last mon heloon to view the Dre a bric Actal cost of 6.240 yards of direct material fobre purchased Achulyards ofrece r used..... Actual wages for 1.350 director hours worked Requirement 1. What is the Pant Done The standard rest material 0 m Requirement 2. What is the c olpeyard for purchased round your awer to the nearest) T o per yard of fabric purchased Requirement Calculate the direct material price and g a rdes e responder L everance as favorable under Abbreviations O u r Fest de r eformula for the price variance en compute the price variance for rec a ls 1Wer es reco ne 2 W o lper year of the Catherman precedence 4 Wattendre decor Was he recabor cont per hour C e cabor and canyarance Anayeachwarance and special avec Pret Done Reulement 4. What is the wonderd director cool for one blanket round your answer to the newest cont Co s t or enter yumber the inputs and then continue to the next question Requirement 1. What is the standard direct material cost for one blanket? (Round your answer to the nearest cent.) The standard direct material cost for one blanket is $ Requirement 2. What is the actual cost per yard of fabric purchased? (Round your answer to the nearest cent.) The actual cost per yard of fabric purchased $ Requirement 3. Calculate the direct material price and quantity variances (Enter the variances as positive numbers. Enter currency amounts in the for dollar. Label the variance as favorable (F) or unfavorable (U). Abbreviations used: DM Direct materials) First determine the formula for the price variance, then compute the price variance for direct materials. x I DM price vanance C ) = Determine the formula for the quantity variance, then compute the quantity variance for direct materials ) = DM quantity variance Requirement 4. What is the standard direct labor cost for one blanket? (Round your answer to the nearest cent.) The standard direct labor cost for one blanket is $ Choose from any list or enter any number in the input folds and then continue to the next question Date Fabrice manufactures a specialty monogrammed blanket. The following are the most standards for this blanket Click the icon to view the standards) Acurs from last month's production of 2.400 blankets are as follows: Click the loon to view the actual results) Read the meets Requirements. What is the actual direct labor cost per hour (Round your answer to the nearest The acal direct labor cost per hour is SL Requirement 6. Calculate the direct labor (DL) and e ncy variance Enter the variances a positive numbers. Er the currency mors dolat Label the variance as favorable For unfavorable (U) Abbreviations used: L = Direct labor) First determine the formula for the rate variance, the compute the rate variance for direct labor o m Fredetermine the formula for the efficiency variance, the compute the efficiency variance for direct labor Requirement 7. Analyze each variance and speculate as to what may have caused that variance The MOM price variance and OM quantity variance may have been caused by The D Lrate variance and MDL eficiency wariance may have been caused by lied workers commanda wa however, Requirement 8. Look at all four variances together (the big pictures. How might they albered? What variance is very key to have caused the other variances? One positie of our variances is M. This would create leading to worldorce was used, the DL rate variance was however, givena labor hours were requred, creating D anc e Choose from any list or enter any number in the input Delds and then continue to the next question MacBook Air Data Table Data Table De C Actual ( C Fabrics manufactures aloon to view b rom last mon heloon to view the Dre a bric Actal cost of 6.240 yards of direct material fobre purchased Achulyards ofrece r used..... Actual wages for 1.350 director hours worked Requirement 1. What is the Pant Done The standard rest material 0 m Requirement 2. What is the c olpeyard for purchased round your awer to the nearest) T o per yard of fabric purchased Requirement Calculate the direct material price and g a rdes e responder L everance as favorable under Abbreviations O u r Fest de r eformula for the price variance en compute the price variance for rec a ls 1Wer es reco ne 2 W o lper year of the Catherman precedence 4 Wattendre decor Was he recabor cont per hour C e cabor and canyarance Anayeachwarance and special avec Pret Done Reulement 4. What is the wonderd director cool for one blanket round your answer to the newest cont Co s t or enter yumber the inputs and then continue to the next question Requirement 1. What is the standard direct material cost for one blanket? (Round your answer to the nearest cent.) The standard direct material cost for one blanket is $ Requirement 2. What is the actual cost per yard of fabric purchased? (Round your answer to the nearest cent.) The actual cost per yard of fabric purchased $ Requirement 3. Calculate the direct material price and quantity variances (Enter the variances as positive numbers. Enter currency amounts in the for dollar. Label the variance as favorable (F) or unfavorable (U). Abbreviations used: DM Direct materials) First determine the formula for the price variance, then compute the price variance for direct materials. x I DM price vanance C ) = Determine the formula for the quantity variance, then compute the quantity variance for direct materials ) = DM quantity variance Requirement 4. What is the standard direct labor cost for one blanket? (Round your answer to the nearest cent.) The standard direct labor cost for one blanket is $ Choose from any list or enter any number in the input folds and then continue to the next question Date Fabrice manufactures a specialty monogrammed blanket. The following are the most standards for this blanket Click the icon to view the standards) Acurs from last month's production of 2.400 blankets are as follows: Click the loon to view the actual results) Read the meets Requirements. What is the actual direct labor cost per hour (Round your answer to the nearest The acal direct labor cost per hour is SL Requirement 6. Calculate the direct labor (DL) and e ncy variance Enter the variances a positive numbers. Er the currency mors dolat Label the variance as favorable For unfavorable (U) Abbreviations used: L = Direct labor) First determine the formula for the rate variance, the compute the rate variance for direct labor o m Fredetermine the formula for the efficiency variance, the compute the efficiency variance for direct labor Requirement 7. Analyze each variance and speculate as to what may have caused that variance The MOM price variance and OM quantity variance may have been caused by The D Lrate variance and MDL eficiency wariance may have been caused by lied workers commanda wa however, Requirement 8. Look at all four variances together (the big pictures. How might they albered? What variance is very key to have caused the other variances? One positie of our variances is M. This would create leading to worldorce was used, the DL rate variance was however, givena labor hours were requred, creating D anc e Choose from any list or enter any number in the input Delds and then continue to the next question MacBook Air
