excel and working thank you :)

1. What's The use use variance for part a? (Hint: for production of both X and Y)?

2. what is the price variance for part a? (hint: for production of both X and Y)?

3. What is the total variance for part a? (hint: for production of both X and Y) ?

4. What is the use variance for Part B? (hint: for production of both X and Y)?

5. what is the price variance for Part B? (hint: for production of both X and Y)?

6. what is the total variance for Part B? (hint: for production of both X and Y)?

7. what is the rate variance for labor? (hint: for production of both X and Y )?

8. What is the Efficiency variance for labor? (hint: for production of both X and Y) ?

9. what is the total variance of Labor (hint: for both production X and Y )?

II. Journal entries - standard costing- use the info from 1 direct materials only show calculation

1. Purchasing

2. issues materials to production

3. complete / closed production

1. what are the per unit direct materials costs for X and Y (based on standards close parenthesis?

2. what are the per-unit direct labor costs for X and Y (based on standards close )?

3. use the data to allocate the production costs between product X and Y based on projection (e.g., standards)

4. Use the data to allocate finishing cost between product X and Y based on projection (e.g., standards)

5. use the data to allocate the packaging Costs between product X and Y base on projection (e.g., standards)

6. What is the total allocated overhead cost for product X and for product Y?

7. what is the unit overhead cost for product X and product y?

8. what is the total unit cost of X and Y using ABC a location?

I. As 31 A B We are analyzing 2 products - product X and product Y. (45 points) Product X requires 2 Part As and 3 Part B's. Product Y requires 4 Part A's and 2 Part B's. The standard cost for Part A is $10 per unit. The standard cost for Part B is $25 per unit. During this month, the company purchased 50,000 units of Part A for $550,000 (there was no beginning balance). During this month, the company purchased 100,000 units of Part Pout B for $2,400,000 (there was no beginning balance). During the month the company produced 500 Xs and 1000 Ys. SQ AP: 950,00 During the month the company used 4900 units of Part A and 11 3600 units of Part B. A2 = 4,90 units of Pata & AQ Factory payroll was $393,000 with 19,500 hours (this is actual - vents of Paul B direct labor only) -> AH = 19,5W ~ AR: 393,00 X uses 10 standard direct labor hours. - $20. 19,56 Y uses 15 standard direct labor hours. SH X 10DLH Labor standard cost is $20 per hour. AP -$24/B hint: for production of both X and Y Y IS DLH o units of AP - 2422,22 III. Use the information given in Problem I. (40 Points) Use standard cost information for all calculations except as noted below. Department Production Finishing $Costs $15,000 $8,500 Activity Cost Driver Direct labor hours Units of standard direct material Completed units Packaging $9,000 I. As 31 A B We are analyzing 2 products - product X and product Y. (45 points) Product X requires 2 Part As and 3 Part B's. Product Y requires 4 Part A's and 2 Part B's. The standard cost for Part A is $10 per unit. The standard cost for Part B is $25 per unit. During this month, the company purchased 50,000 units of Part A for $550,000 (there was no beginning balance). During this month, the company purchased 100,000 units of Part Pout B for $2,400,000 (there was no beginning balance). During the month the company produced 500 Xs and 1000 Ys. SQ AP: 950,00 During the month the company used 4900 units of Part A and 11 3600 units of Part B. A2 = 4,90 units of Pata & AQ Factory payroll was $393,000 with 19,500 hours (this is actual - vents of Paul B direct labor only) -> AH = 19,5W ~ AR: 393,00 X uses 10 standard direct labor hours. - $20. 19,56 Y uses 15 standard direct labor hours. SH X 10DLH Labor standard cost is $20 per hour. AP -$24/B hint: for production of both X and Y Y IS DLH o units of AP - 2422,22 III. Use the information given in Problem I. (40 Points) Use standard cost information for all calculations except as noted below. Department Production Finishing $Costs $15,000 $8,500 Activity Cost Driver Direct labor hours Units of standard direct material Completed units Packaging $9,000