Enier aticuats as veitve kuntisi, 2. Meceril the cents noured wa compleie the jof raat vent. ESTIMATE si ineoperienced andioset petomed be amik? an infuperiented englaree performed ten work? Selkct the coered anteer thins ste atyre thisite. Cansultien an estimate of $9,450 to carpet thet consulting firm's newly leased office. The estimate was based an the following data: On. Dctober 3, Jacksan Corsulting signed a purctiase cogtract, and the delivery and installation were completed on October to, The ielated maternal requmition and nime fickets are summarized as follows: On October 3 , Jackson Consulting sianed a purchase contract, and the delivery and installation were completed on October 10. The telated materiats requisitions and time tickets are sumenarized as follows: Hequiratis Enter amounth as positive numbers. 2. Complite that portion of the job cost sheet that would be jregared when the eatimate is gwen to the custamer 2. Mecoird the costs incurred, and complete the job cost shetet. Whia is the best explanation for the variances between actual costs and estimated costs. fror this putpose, assume that the aditienal ineters of materiaf used in thr yab nere apouled, shif fastcav overkead rate has proven to be satisfactory, and an inexperienced enployed periormed the work.) the mateave it direct laboer. What is the best explanation for the variances between actual costs and estamated costs. (For this purpose, assume that the additional meters of material used in the job were Toiked, the factory overhead rate has proven to be satsfactory, and an inexperienced employen performed the work.) 3. The direct materiais cost exceeded the estimate by $280 because B meters of materials were spoiled. The direct labor cost exceeded the estimate by ss0 because an addioi hicurs of labor ware ushd by an inevperienced employee. The factory overhead cost exceeded the estimate because an additional $360 of factory overhead was allocated because the increase in direct labor. b. Managernemt diste't pcovide enough direction to complete tasks on budget. C. The direct materials cost enceeded the estimate by 575 because 3 meters of materiais were spoiled d. The direct laber cost exceeded the estimate by $120 because an addibonal 4 hours of ibor were used by an inexpenenced employee. 5alect the correct artswer from the above chaices: Enier aticuats as veitve kuntisi, 2. Meceril the cents noured wa compleie the jof raat vent. ESTIMATE si ineoperienced andioset petomed be amik? an infuperiented englaree performed ten work? Selkct the coered anteer thins ste atyre thisite. Cansultien an estimate of $9,450 to carpet thet consulting firm's newly leased office. The estimate was based an the following data: On. Dctober 3, Jacksan Corsulting signed a purctiase cogtract, and the delivery and installation were completed on October to, The ielated maternal requmition and nime fickets are summarized as follows: On October 3 , Jackson Consulting sianed a purchase contract, and the delivery and installation were completed on October 10. The telated materiats requisitions and time tickets are sumenarized as follows: Hequiratis Enter amounth as positive numbers. 2. Complite that portion of the job cost sheet that would be jregared when the eatimate is gwen to the custamer 2. Mecoird the costs incurred, and complete the job cost shetet. Whia is the best explanation for the variances between actual costs and estimated costs. fror this putpose, assume that the aditienal ineters of materiaf used in thr yab nere apouled, shif fastcav overkead rate has proven to be satisfactory, and an inexperienced enployed periormed the work.) the mateave it direct laboer. What is the best explanation for the variances between actual costs and estamated costs. (For this purpose, assume that the additional meters of material used in the job were Toiked, the factory overhead rate has proven to be satsfactory, and an inexperienced employen performed the work.) 3. The direct materiais cost exceeded the estimate by $280 because B meters of materials were spoiled. The direct labor cost exceeded the estimate by ss0 because an addioi hicurs of labor ware ushd by an inevperienced employee. The factory overhead cost exceeded the estimate because an additional $360 of factory overhead was allocated because the increase in direct labor. b. Managernemt diste't pcovide enough direction to complete tasks on budget. C. The direct materials cost enceeded the estimate by 575 because 3 meters of materiais were spoiled d. The direct laber cost exceeded the estimate by $120 because an addibonal 4 hours of ibor were used by an inexpenenced employee. 5alect the correct artswer from the above chaices
