Every answer must be in excel fuction formula. Thanks!
All answers must be entered as a formula. Click OK to begin. OK C D E F G H Standards for one of Patterson, Inc.'s products is shown below, along with actual cost data for the month: 2 $6.60 $8.10 10.80 3 Direct materials: 4 Standard 2.4 yards @ $2.75 per yard 5 Actual 3 yards @ $2.70 per yard 6 Direct labor: 7 Standard 0.6 hours @ $18.00 per hour 8 Actual 0.5 hours @ $22.00 per hour 9 Variable overhead: 10 Standard 0.6 hours @ $7.00 per hour 11 Actual 0.5 hours @ $7.10 per hour 12 13 Total cost per unit 14 15 Excess of actual cost over standard cost per unit 15 11.00 4.20 3.55 $21.60 $22.65 $1.05 17 Actual production for the month 13.500 units 1 variable overhead is assigned to products based on direct labor hours. There 15 was no beginning orending inventory of materials for the month. 21 Using formul.compute the following Input all numbers as positive amounts 19 15 Excess of actual cost over standard cost per unit $1.05 16 17 Actual production for the month 13,500 units 18 Variable overhead is assigned to products based on direct labor hours. There 19 was no beginning or ending inventory of materials for the month. 20 21 Using formulas, compute the following. Input all numbers as positive amounts. Indicate whether the variances are For U. Write if statements for variance cells F30 to F47. Use cell 22 references (formulas) for cells D53 - D60. Enter an For U to indicate the correct variance in cells F54 to F62. 23 24 25 Standard Cost Variance Analysis - Direct Materials 26 Standard Quantity Allowed for Actual Output at Standard Price 27 Actual Quantity of Input, at Standard Price 28 Actual Quantity of Input, at Actual Price 29 30 Materials quantity variance 32 Materials price variance 32 w, along with ac E F B D B Actual Quantity of Input, at Actual Price 9 G H 50 Materials quantity variance 31 Materials price variance 32 33 Standard Cost Variance Analysis - Direct Labor 34 Standard Hours Allowed for Actual Output at Standard Rate 35 Actual Hours of Input, at Standard Rate 36 Actual Hours of Input, at Actual Rate 37 38 Labor efficiency variance 39 Labor rate variance 40 41 Standard Cost Variance Analysis - Variable Manufacturing Overhead 42 Standard Hours Allowed for Actual Output at Standard Rate Actual Hours of Input, at Standard Rate Actual Hours of input, at Actual Rate Variable overhead efficiency variance Variable overhead rate variance