Question
favorable direct material cost variance favorable direct material efficiency variance unfavorable direct material cost variance unfavorable direct material efficiency variance second part favorable direct material
favorable direct material cost variance favorable direct material efficiency variance unfavorable direct material cost variance unfavorable direct material efficiency variance
second part favorable direct material cost variance favorable direct material flexible budget variance unfavorable direct labor flexible budget variance unfavorable direct material flexible budget variance
4 answers in each to pick from
Requirement 3 is all I asked for. there is question and one of the 4 answers goes in the first box. One of the answers goes in the second box.. The answers in those boxes are incorrect now now are incorrect. All available information is given. if had any other information it would be the answers to REQ3 and I would not be asking for assistance.
Question Help PM8-32B (book/static) Headset manufactures headphone cases During September 2024, the company produced and sold 106,000 cases and recorded the following cost data I! (Click the icon to view the cost data) * Data Table N Read the requirements GULTUR, utrum overhead, SC = standard cost, SQ = standard quantity) Direct materials efficiency variance Direct labor efficiency variance Formula (AQ - SQ) SC (AQ -SQ) SC Variance =S 480 F =S 5,500 F Standard Cost Information Quantity Cost Direct Materials 2 parts SO 16 per part Direct Labor 0.02 hours 11.00 per hour Variable Manufacturing Overhead 0.02 hours 8 per hour Fixed Manufacturing Overhead ($30,720 for static budget volume of 96,000 units and 1920 hours or S16 per hour) Requirement 2. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances Now compute the variable overhead cost and efficiency vanances Select the required formulas, compute the variable overhead cost and efficiency variances and identify whethe quantity, FOH = fixed overhead SC = standard cost, SQ = standard quantity, VOH = vanable overhead) Formula Variance VOH cost variance (AC-SC) XAQ = $ 3.960 F VOH efficiency variance (AQ - SQ) SC = S 4,000 F Now compute the fixed overhead cost and volume vanances Select the required formulas, compute the fixed overhead cost and volume variances and identify whether each var fixed overhead, SC = standard cost SQ = slandard quantity) Formula Variance FOH cost variance Actual FOH - Budgeted FOH 720 F FOH volume variance Budgeted FOH - Allocated FOH = S 3,200 F Actual Cost Information Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead (209,000 parts @ $0.21 per part) ) (1,620 hours @ $11 10 per hour $ 43 890 17 982 9,000 FOH 30,000 Print Done Requirement 3. Headset's management used better quality materials during September Discuss the trade-off between the two direct material variances They hoped these materials would result in more efficient usage than "standard" matenals. The result was an overall Headset's management knew that using higher quality materials would result in an) favorable direct material cost variance favorable direct material flexible budget variance Click to select your answer(s) and then click Check Answer Check Answ
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