guys please help me with these requirments i'm really confused
P11-51A (similar to) Question Help Atkinson Manufacturing produces ceramic teapots. Atkinson allocates overhead based on the number of direct labor hours. The company is looking into using a standard cost system and has developed the following standards (one "unit" is a batch of 100 teapots) Click the icon to view the standards) Actual cost and operating data from the most recent month are as follows: (Click the icon to view the actual results.) All manufacturing overhead is allocated on the basis of direct labor hours. Read the requirements Requirement 1. Calculate the standard cost of one batch - X 0 Requirements 1. Calculate the standard cost of one batch 2. Calculate the following variances: a. The direct material variances. b. The direct labor variances c. The variable manufacturing overhead variances d. The fixed manufacturing overhead variances, 3. Have the company's managers done a good job or a poor job controlling materials, labor, and overhead costs? Why or why not? 4. Describe how the company's managers can benefit from the standard costing system. Do you think the company should continue with the standard cost system? Print Done Check Answer a o BE 66 P11-51A (similar to) Question Help Atkinson Manufacturing produces ceramic teapots Atkinson allocates overhead based on the number of direct labor hours. The company is looking into using a standard cost system and has developed the following standards (one "unit" is a batch of 100 teapots): E (Click the icon to view the standards.) Data Table - X - Standards: Direct material 40 pounds per batch at $3.00 per pound Direct labor 5.0 hours per batch at $1500 per hour Variable MOH standard rate $5.00 per direct labor hour Predetermined fixed MOH standard rate $6.00 per direct labor hour Total budgeted fixed MOH cost $1,400 Print Done Enter any number in the edit fields and then click. Check Answer narts Clear All Check Answer P11-51A (similar to) Question Help Atkinson Manufacturing produces ceramic teapots. Atkinson allocates overhead based on the number of direct labor hours. The company is looking into using a standard cost system and has developed the following standards (one "unit" is a batch of 100 teapots) (Click the icon to view the standards.) Actual cost and operating data from the most recent month are as follows: E (Click the icon to view the actual results.) Data Table - X Purchased 1,650 pounds at a cost of $2.60 per pound Used 1,400 pounds in producing 30 batches Actual direct labor cost of $2,808 at an average direct labor cost per hour of $15.60 Actual variable MOH $972 Actual fixed MOH $1,700 Print Done Enter any number in the edit fields and then click Check Answer. narte Check Answer P11-51A (similar to) Question Help Atkinson Manufacturing produces ceramic teapots. Atkinson allocates overhead based on the number of direct labor hours. The company is looking into using a standard cost system and has developed the following standards (one "unit" is a batch of 100 teapots): Click the icon to view the standards.) Actual cost and operating data from the most recent month are as follows: Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the requirements Requirement 1. Calculate the standard cost of one batch. Standard cost Standard cost per batch Direct materials Direct labor Variable MOH Fixed MOH Total standard cost Enter any number in the edit fields and then click Check Answer 11 parts Clear All Check Answer remaining a 66
