Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Direct MaterOirea, and Factory Our Cost Varian Analis Man in the center andere cute and costs for direct mai, direct later, and actory red vores

image text in transcribed
image text in transcribed
image text in transcribed
Direct MaterOirea, and Factory Our Cost Varian Analis Man in the center andere cute and costs for direct mai, direct later, and actory red vores for the mana 96.000 untsu were found Standard Conte Anal Com) Det maters 234.000 15.30 231,700 560 Director 18.00 18.30 OSTE Forever per director on 100mm W of 20,30 direct Vanco, 4.20 301.000 . 114,310 con Each unit of direct Here Be them www. Venom De Matice De Quarto Total Direct Costa Demirband decoratie Laborare Det hem Tu Cance Variable for ance Hadoo Tulow III Direct Materials, Direct Labor, and Factory Overhead Cost Vanance Analysis Mackinaw Inc. processes a base chemical into plastic Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 78,000 units of product were as follows: Standard Costs Actual Costs Direct materials 234,000 lbs, at $5.80 231,700 lbs. at $5.60 Direct labor 19,500 hrse at $18.20 19,950 hrs at $18.40 Factory overhead Rates per direct labore based on 100% of normal capacity of 20,350 direct labor his Variable cost, $4.20 Fixed cost 56.60 $81,030 variable cost $134,310 fixed cost Each unit requires 0.25 hour of direct labor Required: 3. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost warlante. Enter a favorabile variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance b. Determine the direct laborate variance, direct labor time variance, and total direct labor cost varance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct Labor Rate Variance Direct Labor Time variance Total Direct Labor Cost Variance S Determine the variable factory overed controllable variance, fuced factory overhead volume variance and total factory overeed cost variance Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Variable factory overhead controllable varande Med factory overhead volume variance Total factory overhead cost voce Direct MaterOirea, and Factory Our Cost Varian Analis Man in the center andere cute and costs for direct mai, direct later, and actory red vores for the mana 96.000 untsu were found Standard Conte Anal Com) Det maters 234.000 15.30 231,700 560 Director 18.00 18.30 OSTE Forever per director on 100mm W of 20,30 direct Vanco, 4.20 301.000 . 114,310 con Each unit of direct Here Be them www. Venom De Matice De Quarto Total Direct Costa Demirband decoratie Laborare Det hem Tu Cance Variable for ance Hadoo Tulow III Direct Materials, Direct Labor, and Factory Overhead Cost Vanance Analysis Mackinaw Inc. processes a base chemical into plastic Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 78,000 units of product were as follows: Standard Costs Actual Costs Direct materials 234,000 lbs, at $5.80 231,700 lbs. at $5.60 Direct labor 19,500 hrse at $18.20 19,950 hrs at $18.40 Factory overhead Rates per direct labore based on 100% of normal capacity of 20,350 direct labor his Variable cost, $4.20 Fixed cost 56.60 $81,030 variable cost $134,310 fixed cost Each unit requires 0.25 hour of direct labor Required: 3. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost warlante. Enter a favorabile variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance b. Determine the direct laborate variance, direct labor time variance, and total direct labor cost varance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Direct Labor Rate Variance Direct Labor Time variance Total Direct Labor Cost Variance S Determine the variable factory overed controllable variance, fuced factory overhead volume variance and total factory overeed cost variance Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Variable factory overhead controllable varande Med factory overhead volume variance Total factory overhead cost voce

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Karen Wilken Braun, Wendy M. Tietz

2nd Custom Edition

1269396803, 978-1269396806

More Books

Students explore these related Accounting questions