Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Era Company manufacture a small mpa playerslied the Jogging Mate. The company was standards to control its coats. The labor standards that have been set

image text in transcribed

Era Company manufacture a small mpa playerslied the Jogging Mate. The company was standards to control its coats. The labor standards that have been set for one Jogging Mateo mp3 player are sa follows: Standard Ban RAH STICA Hours per Hour Cost 90 min. SA.CO $3.00 During August, 10.470 hours of direct labor ime were nooded to make 19.500 units of the Jogging Mate. The direct labor cost totaled $50,726 for the month. Required: Anxcrcing to the standarde wat die ster costul incur me 19.500 units of the Jogging Mer? By how much does this differ from the cost that was incurred? (Round Standard labor time per unit and Standard direct labor rate to 2 decimal places) Numer af un- MINH | Islie livrH : 1.11 Talal standard Hours of laborime NA Standard direct laborato per hou Talal standard checabor cost Nowadrator cost Standard rest labor cost THE 2. Break dan tre cience in sal from those into a labor de Ares and lex eficiency varies Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "Nome" for no effect (i.., zaro varianca). Do not round intermediate calculations. Laborrate variance Labor ciclony warence 2. The budgcted variable manufacturing overhead rate is $4.5 per direct labor hour. During August, the company incurred $54444 in variable manufacturing overticad cost. Compute the variable overhead rate and efficiency variances for the month. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no effect (aro variance). Do not round intermediate calculations and round your finalauswers to nearest whole dollar Mard.com ad cost. Compute sie variable overhead rate and afficiency wariances for the month. Indicate the effect of each vartance by selecting "F* for favorable, "U" for Variable overhead rate variance Era Company manufacture a small mpa playerslied the Jogging Mate. The company was standards to control its coats. The labor standards that have been set for one Jogging Mateo mp3 player are sa follows: Standard Ban RAH STICA Hours per Hour Cost 90 min. SA.CO $3.00 During August, 10.470 hours of direct labor ime were nooded to make 19.500 units of the Jogging Mate. The direct labor cost totaled $50,726 for the month. Required: Anxcrcing to the standarde wat die ster costul incur me 19.500 units of the Jogging Mer? By how much does this differ from the cost that was incurred? (Round Standard labor time per unit and Standard direct labor rate to 2 decimal places) Numer af un- MINH | Islie livrH : 1.11 Talal standard Hours of laborime NA Standard direct laborato per hou Talal standard checabor cost Nowadrator cost Standard rest labor cost THE 2. Break dan tre cience in sal from those into a labor de Ares and lex eficiency varies Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "Nome" for no effect (i.., zaro varianca). Do not round intermediate calculations. Laborrate variance Labor ciclony warence 2. The budgcted variable manufacturing overhead rate is $4.5 per direct labor hour. During August, the company incurred $54444 in variable manufacturing overticad cost. Compute the variable overhead rate and efficiency variances for the month. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no effect (aro variance). Do not round intermediate calculations and round your finalauswers to nearest whole dollar Mard.com ad cost. Compute sie variable overhead rate and afficiency wariances for the month. Indicate the effect of each vartance by selecting "F* for favorable, "U" for Variable overhead rate variance

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

Step: 3

blur-text-image

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

Fair Value Measurement Practical Guidance And Implementation

Authors: Mark L. Zyla

3rd Edition

1119191238, 9781119191230

More Books

Students also viewed these Accounting questions

Question

For the functioti f(x)? ? find fit(0) ang fl (2), ft/(x) =

Answered: 1 week ago