dul Awning manutachares awnings and uses a standard cost system comment locales.owhead based on the Actual cost and operating data from the most recent month are as follows number of direct labor hours. The following are the company's cost and standards data (Click the icon to view the actual results) (Click the icon to view the standards All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 1. Calculate the standard cost of one awning Standard cost Standard cost per unit Direct materials Direct labor arable MOH Fred MOH Total standard cost Requirementa. Calculate the direct material variances (Enter the variances as potenbers currency amounts to the nearest Cort and your answers to the nearest whole dolar. Label the variance as favorable (Flor Abbreviations used: OM Direct materials First determine the formula for the price range, the compute the price variance for directe X OM x Bermine the formula for the quantity wanance, then come the unity variance for de materials Choose from any list or any number in the moulds and continue to the acer Oll cal Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data Acual cost and operating data from the most recent month are as follows (Click the icon to view the standards (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Determine the formula for the quantly variance, then compute the quantity variance for direct materials XC D quantity variance XC Requirement 2b. Calculate the direct labor vanances. (Enter the variances as positive numbers. Enter currency amounts to the nearest cent and your answers to the nearest whole dollar Label the variance as tvorab abbreviations used: Du Direct labor) First determine the formula for the rate variance, then compute the rate variance for direct labor 1) O mnie warance X First determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL offency vannte Requirement 2c. Calculate the variable manufacturing overhead variances (Enter the variances as positive numbers Enter currency amounts to the nearest cent and your answers to the nearest whole dollar Label the navorabi (U)) First determine the formula for the rate variance then compute the rate variance for variable manufacturing overhead Round interim calculations to the nearest centi Choose from any list or enter any number in the input fields and then continue to the next question acer Pidal Awning manutactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data (Click the icon to view the standards) Actual cost and operating data from the most recent month are as follows: (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 2c. Calculate the variable manutacturing overhead vanances. (Enter the variances as positive numbers. Enter currency amounts to the nearest cent and your answers to the nearest whole untavorable (U)) First determine the formula for the rate variance, then compute the rate vanance for variable manufacturing overhead (Round interim calculations to the nearest cent) Variable overhead rate variance Now compute the variable manufacturing overhead efficiency variance first determine the formula for the efficiency variance, then compute the efficiency variance for variable manufacturing overhead Variable overhead XC oficiency vanance X Requirement 2d. Calculate the fixed manufacturing overhead variances (Enter the variance as a positive number Label the variance as favorable or unfavorable (US) Begin by computing the forced manufacturing overhead budget variance First determine the formula for the budget variance, then compute the budget variance for fred manufacturing overhead Fixed MOH Choose from any list or enter any number in the input fields and then continue to the next question Te acer 27 of 29 (0 complete) Pidul Awning manufactures awnings and uses a standard cost system. The company allocaties Overhead based on the number of direct labor hours. The following are the company's cost and standards dan Actual cost and operating data from the most recent month are as follows (Click the icon to view the standards (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 2d. Calculate the fixed manufacturing overhead variances (Enter the variance as a positive number Label the variance as favorable or unavorable (U)) Begin by computing the food manufacturing overhead budget variance Fest determine the formula for the budget variance, then compute the budget variance for fred manufacturing overhead Fixed MOH budgetariance Now compute the food manufacturing overhead volume varian Rest determine the formula for the volume variance, the compute the volume variance for fixed manutacturing overhead Fred MOH volume variance Requirement 3. Explain what each of the variances you calculated means and give at least one postelanation for each of those variances Direct materials: Variance Meaning Possible explanation DM price Choose from any list or enter any number in the input fields and the continue to the next question acer Pical Awning manufactures ainings and uses a standard cost system. The company allocates overhead based on the Actual cost and operang data from the most recent month are as follows number of direct labor hours. The following are the company's cost and standards data: (Click the icon to view the actual results) (Click the icon to view the standards.) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 3. Explain what each of the variances you calculated means and give at least one possible explanation for each of those variances Direct materials: Variance Meaning Possible explanation DM price O quantity Direct Labor Possible explanation Variance Meaning DL rate Decency Variable manufacturing overhead: Variance Meaning VOH rate Possible explanation VOH eticiency Choose from any list or enter any number in the input fields and then continue to the next cuestion acer Time Real This Question: 14 pts 27 of 29 (0 complete) This T Piduling manufactures awnings and uses a Sundad cost system recomanas.owhead based on the number of direct labor hours. The following are the company's cost and standards data Click the icon to view the standards Actual cost and operating data from the most recent month are as follows. Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours. Read the regements VTC M VOH rate FONSO VOH tidency Faced manufacturing overhead: Variance Meaning FOH budget Possible explanation FOH volume Are any of the varianceskely to be intellec? The vanance is to be related to the Talance Nikely that Didul Anning This may have resulted in Choose from any stor enter any number in the fields and the continue to the next questions acer 100 ps po Poul ning manures wings and Decoracaodon the number of director hours. There the commandant Click the icon to view the standards o Acost and operating data to the most recent month are as follows the icon to view the charts) All matching overhead is located on the basis of director hours Read the Standard Price and Volume Actual Results Requirements Standards Directmana 210 yards per wing at $110 per yard Direct labor 30 hours per wing a SIA per hour Variable standarde 200 per direct labor hour Predetermined bred MOH standarde 700 per direct laborhout Total budgetedd MOHCO 3400 Purchased 43 720 yards at a cost of 532.004 Used 45 100 yards in producing 2 200 g Ahal director cost of 117 1o bora of 470 hours Acha VOH $13.50 Achaand MOH 47.900 1. Calculate the standard cost of one ning 2. Calculate the following ares a. The direct meal ances The direct labore e. The variable manufacturing ceredarances d. There mantening overed 1. Explain what each of the races you called means and get a on possible explanation for each of those arances. Ar any of the variances yo bened? Pent Done Print Done The variance is to be read to the Print Done vaan iha okul Awning Choose from a list of enter any uber in the input Beds and the core to the next question 02:05 acer dul Awning manutachares awnings and uses a standard cost system comment locales.owhead based on the Actual cost and operating data from the most recent month are as follows number of direct labor hours. The following are the company's cost and standards data (Click the icon to view the actual results) (Click the icon to view the standards All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 1. Calculate the standard cost of one awning Standard cost Standard cost per unit Direct materials Direct labor arable MOH Fred MOH Total standard cost Requirementa. Calculate the direct material variances (Enter the variances as potenbers currency amounts to the nearest Cort and your answers to the nearest whole dolar. Label the variance as favorable (Flor Abbreviations used: OM Direct materials First determine the formula for the price range, the compute the price variance for directe X OM x Bermine the formula for the quantity wanance, then come the unity variance for de materials Choose from any list or any number in the moulds and continue to the acer Oll cal Awning manufactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data Acual cost and operating data from the most recent month are as follows (Click the icon to view the standards (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Determine the formula for the quantly variance, then compute the quantity variance for direct materials XC D quantity variance XC Requirement 2b. Calculate the direct labor vanances. (Enter the variances as positive numbers. Enter currency amounts to the nearest cent and your answers to the nearest whole dollar Label the variance as tvorab abbreviations used: Du Direct labor) First determine the formula for the rate variance, then compute the rate variance for direct labor 1) O mnie warance X First determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL offency vannte Requirement 2c. Calculate the variable manufacturing overhead variances (Enter the variances as positive numbers Enter currency amounts to the nearest cent and your answers to the nearest whole dollar Label the navorabi (U)) First determine the formula for the rate variance then compute the rate variance for variable manufacturing overhead Round interim calculations to the nearest centi Choose from any list or enter any number in the input fields and then continue to the next question acer Pidal Awning manutactures awnings and uses a standard cost system. The company allocates overhead based on the number of direct labor hours. The following are the company's cost and standards data (Click the icon to view the standards) Actual cost and operating data from the most recent month are as follows: (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 2c. Calculate the variable manutacturing overhead vanances. (Enter the variances as positive numbers. Enter currency amounts to the nearest cent and your answers to the nearest whole untavorable (U)) First determine the formula for the rate variance, then compute the rate vanance for variable manufacturing overhead (Round interim calculations to the nearest cent) Variable overhead rate variance Now compute the variable manufacturing overhead efficiency variance first determine the formula for the efficiency variance, then compute the efficiency variance for variable manufacturing overhead Variable overhead XC oficiency vanance X Requirement 2d. Calculate the fixed manufacturing overhead variances (Enter the variance as a positive number Label the variance as favorable or unfavorable (US) Begin by computing the forced manufacturing overhead budget variance First determine the formula for the budget variance, then compute the budget variance for fred manufacturing overhead Fixed MOH Choose from any list or enter any number in the input fields and then continue to the next question Te acer 27 of 29 (0 complete) Pidul Awning manufactures awnings and uses a standard cost system. The company allocaties Overhead based on the number of direct labor hours. The following are the company's cost and standards dan Actual cost and operating data from the most recent month are as follows (Click the icon to view the standards (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 2d. Calculate the fixed manufacturing overhead variances (Enter the variance as a positive number Label the variance as favorable or unavorable (U)) Begin by computing the food manufacturing overhead budget variance Fest determine the formula for the budget variance, then compute the budget variance for fred manufacturing overhead Fixed MOH budgetariance Now compute the food manufacturing overhead volume varian Rest determine the formula for the volume variance, the compute the volume variance for fixed manutacturing overhead Fred MOH volume variance Requirement 3. Explain what each of the variances you calculated means and give at least one postelanation for each of those variances Direct materials: Variance Meaning Possible explanation DM price Choose from any list or enter any number in the input fields and the continue to the next question acer Pical Awning manufactures ainings and uses a standard cost system. The company allocates overhead based on the Actual cost and operang data from the most recent month are as follows number of direct labor hours. The following are the company's cost and standards data: (Click the icon to view the actual results) (Click the icon to view the standards.) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 3. Explain what each of the variances you calculated means and give at least one possible explanation for each of those variances Direct materials: Variance Meaning Possible explanation DM price O quantity Direct Labor Possible explanation Variance Meaning DL rate Decency Variable manufacturing overhead: Variance Meaning VOH rate Possible explanation VOH eticiency Choose from any list or enter any number in the input fields and then continue to the next cuestion acer Time Real This Question: 14 pts 27 of 29 (0 complete) This T Piduling manufactures awnings and uses a Sundad cost system recomanas.owhead based on the number of direct labor hours. The following are the company's cost and standards data Click the icon to view the standards Actual cost and operating data from the most recent month are as follows. Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours. Read the regements VTC M VOH rate FONSO VOH tidency Faced manufacturing overhead: Variance Meaning FOH budget Possible explanation FOH volume Are any of the varianceskely to be intellec? The vanance is to be related to the Talance Nikely that Didul Anning This may have resulted in Choose from any stor enter any number in the fields and the continue to the next questions acer 100 ps po Poul ning manures wings and Decoracaodon the number of director hours. There the commandant Click the icon to view the standards o Acost and operating data to the most recent month are as follows the icon to view the charts) All matching overhead is located on the basis of director hours Read the Standard Price and Volume Actual Results Requirements Standards Directmana 210 yards per wing at $110 per yard Direct labor 30 hours per wing a SIA per hour Variable standarde 200 per direct labor hour Predetermined bred MOH standarde 700 per direct laborhout Total budgetedd MOHCO 3400 Purchased 43 720 yards at a cost of 532.004 Used 45 100 yards in producing 2 200 g Ahal director cost of 117 1o bora of 470 hours Acha VOH $13.50 Achaand MOH 47.900 1. Calculate the standard cost of one ning 2. Calculate the following ares a. The direct meal ances The direct labore e. The variable manufacturing ceredarances d. There mantening overed 1. Explain what each of the races you called means and get a on possible explanation for each of those arances. Ar any of the variances yo bened? Pent Done Print Done The variance is to be read to the Print Done vaan iha okul Awning Choose from a list of enter any uber in the input Beds and the core to the next question 02:05 acer