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Explain the detail. ONLY answer question E Operations Summary - November 2019 Big Cookies Ltd. - Choc Chip Line November 6O9 I Actual amounts A6800
Explain the detail. ONLY answer question E
Operations Summary - November 2019 Big Cookies Ltd. - Choc Chip Line November 6O9 I Actual amounts A6800 units (cases) sold 93,500 kilograms (kg) 176,800 kilograms (kg) 20400 direct-labour hours (DLH) 20120 cost driver: DLH 20400 cost driver: DLH unit 986,000 $ 14.50 Sales revenues 3.25 / kg Direct material purchases 3.45 / kg Direct material usage WIP 306,000 $ 15.00 /DLH 24 Direct labour cost 5.00 /DLH 2$ Varlable overhead 6.50 /DLH Fised verhead November Standard (Budget) amounts 0000 units (cases) sold 98,200 kilograms (kg) 15.00 /unit $ 1,050,000$ Sales revenues 343,700 Direct material purchases 3.50 /kg 50 14.00 /DLH 4.50 /DLH 7.00 /DLH kilograms (kg) Direct material usage WIP (Standard: 2.5 kg/ unit) direct-labour hours (DLH) Direct labour cost (Standard: 0.25 DLH / unit) cost driver: DLH %24 Variable overhead cost driver: DLH Fixed overhead Required: (HINT: Complete the chart on this page first) Using the data and answer sheets provided, calculate the variances for each of the following catagories: A) Sales revenues (4 marks) B) Direct materials purchased / used in production (5 marks) C) Direct labor (4 marks) D) Variable overhead (3 marks) E) Fixed Overhead (4 marks) Fixed-Overhead Budget and Volume Variances (3) (1) (2) Budgeted Fixed Fixed Overhead Actual Applied To Work in process Fixed Overhead OverheadStep by Step Solution
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