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does anyone know how to do this problem question?? the box collumns are too long so imma post 2 pictures of it, but this is
does anyone know how to do this problem question?? the box collumns are too long so imma post 2 pictures of it, but this is all one question and jts mangerial accounting
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Hart Company made 3,200 shelves using 22,200 pounds of wood costing $290,820. The company's direct materials standards for one shelf are 8 pounds of wood at $13.00 per pound. Exercise 21-13 (Algo) Computing and analyzing materials variances LO P3 AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price 1. Compute the direct materials price and quantity variances along with the total direct materials variance. 2. Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Compute the direct materials price and quantity variances along with the total direct materials variance. (Indicate the effect of each variance by favarable, unfavorable, or no variance.) Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct material costs. Which direct materials variances will Hart investigate further options dor required 1
Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance Total direct materials variance Total variable overhead cost variance Variable overhead efficiency variance Variable overhead spending variance Volume variance
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