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gned E8-34 (final answer) Question Help to Nathan Dickens is a cost accountant and business analyst for Datura Design Company (DDC), which manufactures expensive brass

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gned E8-34 (final answer) Question Help to Nathan Dickens is a cost accountant and business analyst for Datura Design Company (DDC), which manufactures expensive brass doorknobs DDC uses two direct.cost categories direct materials and direct manufacturing labor Dickens feels that manufacturing overhead is most closely related to material usage. Therefore, DDC allocales manufacturing overhead to production based upon pounds of materials used, Click the icon to view the standards) Click the icon to view the actual results for April) Read the ceuirements Mar Requirement 1. For the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U) a. Direct materials price variance (based on purchases) is gesto ur pyrmer this into Ing. Andrew une ABA Doctor ments 0 Data Table For the month of Apl als price variance At the beginning of 2020, DDC budgeted annual production of 410,000 doorknobs and adopted the following standards for each doorknob Input Cost/Doorknob Direct materials (brass) 0.3 lb. at $9/16 $ 2.70 Direct manufacturing labor 1.2 hours at $18/hour 21.60 N Variable manufacturing overhead 57/b x 0.3 lb 2.10 420 Fixed manufacturing overhead 514/b. 0.3 lb. $ 30.60 Standard cost per doorknob Print Done th of April, cor riance (based Actual results for April 2020 were as follows: Production 25,000 doorknobs Direct materials purchased 13,100 lb. at $11/1b. Direct materials used 7,000 lbs. Direct manufacturing labor 29,000 hours for $609,000 Variable manufacturing overhead $64,900 Fixed manufacturing overhead $154,000 Print Done Requirements the month of April price variance (ba 1. For the month of April, compute the following variances, indicating whether each is favorable (F) or unfavorable (U). a. Direct materials price variance (based on purchases) b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Variable manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance h. Fixed manufacturing overhead spending variance 2. Can Dickens use any of the variances to help explain any of the other variances? Give examples Print Done

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