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During March, the company worked 18,000 machine-hours and produced 12,000 units. The company had originally planned to work 20,000 machine-hours during March. Aeroch en annarrarysis,
During March, the company worked 18,000 machine-hours and produced 12,000 units. The company had originally planned to work 20,000 machine-hours during March.
Aeroch en annarrarysis, you'uerermined the followiny COSTIomulas anu yalhereure'lonowiny actuar costuara Tor Waren: Actual Cost in March Utilities Maintenance Supplies Indirect labor Depreciation Cost Formula $16,700 + $0.14 per machine-hour $38,100 + $1.30 per machine-hour $0.40 per machine-hour $94,500 + $1.60 per machine-hour $67,600 $ 21,300 $ 57,900 $ 7,800 $127,400 $ 69,300 During March, the company worked 18,000 machine-hours and produced 12,000 units. The company had originally planned to work 20,000 machine-hours during March. Required: 1. Calculate the activity variances for March. 2. Calculate the spending variances for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the activity variances for March. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) FAB Corporation Activity Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation Total Che Aller frucni enor dru didysis, you uetermeu le 10lowinY COSL Toulds dnu yalnereu le 10lowiny dcludI COSI Udld 10 Ivarcn. Utilities Maintenance Supplies Indirect labor Depreciation Cost Formula $16,700 + $0.14 per machine-hour $38,100 + $1.30 per machine-hour $0.40 per machine-hour $94,500 + $1.60 per machine-hour $67,600 Actual Cost in March $ 21,300 $ 57,900 $ 7,800 $127,400 $ 69,300 During March, the company worked 18,000 machine-hours and produced 12,000 units. The company had originally planned to work 20,000 machine-hours during March. Required: 1. Calculate the activity variances for March. 2. Calculate the spending variances for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the spending variances for March. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect i.e., zero variance). Input all amounts as positive values.) FAB Corporation Spending Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation TotalStep by Step Solution
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