Head matures Headphone cases. During September 2016, the company produced and sold 105,000 cases and recorded the following cost mick the icon to view the cost data) Read the icements Requirement 1. Compute the cost and efficiency are for direct and direct labor Begin with the con various select the required forms, comote the covariances to direct materials and director and whether each viace strable (F) or someone. ACAO actualty FO fund verheat standard standard Garty) Formula Direct ma con variance Director contrace Neat compute the ency variances Select the required to compute the efficiency ancesto de materials and director, and it whether achei were or two or AC Agach, FOHfeed andardrost 50 straty Ford Details of variance Dret who con variance Regrement Formatting overhead compute the variable whead.com and varies and the feed and cont and volume www. Now compute the rate om andere variances et tegured formice e verte verteton and coney ram, and whether the CAD FOR Bod vodovodVOH west) Choose from any order number in the inputs and then continue to the the company produced and sold 105,000 cases and recorded the following cost data: Data Table et ma Standard Cost Information ce the F) Canda Quantity Cost Direct Materials Direct Labor 2 parts $ 0.17 per part 0.02 hours 9.00 per hour 0.02 hours 10.00 per hour Variable Manufacturing Overhead s, con Cost; is fa Fixed Manufacturing Overhead ($32,300 for static budget volume of 95,000 units and 1,900 hours, or $17 per hour) Actual Cost Information ble ove Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead (209,000 parts @ $ 0.22 per part) (1,600 hours @ $ 9.10 per hour) 5. Seled ead; SCI $ 45,980 14,560 11,000 25,000 hether Print Done and then continue to the next question. erials and direct labor. cost variances for direct materials and direct labor and identify whether each variance is favorable (F) or u do Requirements 1. mpul nce is favor 2. SQ Compute the cost and efficiency variances for direct materials and direct labor. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances. Headstart's management used better quality materials during September Discuss the trade-off between the two direct material variances. 3. Print Done Jerhed lect the required formulas, compute the variable overhead cost and efficiency variances, and identify whether eac SC = standard cost; SQ = standard quantity; VOH = variable overhead.) Variance then continue to the next question. Read the Direct materials ciency variance Direct labor efficiency variance Requirement 2. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the feed overhead cost and volume variances Now compute the variable overhead cost and efficiency variances Select the required forms, compute the variable overhead cost and efficiency varices and identity whether each variance in favorable for lavorate Abridor used AC actual coAQ actual quantity, FOHfed overhead Standard cost Standard Gay VOH var overhead) Formula Variance VOH variance VOH oceny variance Now compute the fandoverhead cost and volume variances Select the required formulas, compute the fired overhead cost and volume variances, and identity whether each variance in favorable () or unfavorable Abbreviations used AC actual con actual quantity, FOHfed overhead: SC standard cook SQ standard quality) Formula Variance FOH con variance FOH volume varande Requirement Headers management used better quality material during tembe Dischete-off between the two direct material variances They hoped the materials would in more efficiente tantandere material. The result Headstart's management row that using higher quality materiale would result in a Choose from any list or enter any number in the input fields and continue to the next question This Quiz: 4 pts post Headstart manufactures headphone cases. During September 2018, the company produced and sold 105.000 cases and recorded the following costs Click the loon to view the cost data) Read the resicements Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor. Begin with the cost variances. Select the required formulas, compute the cost variances for direct matatan and direct laber, and sertly whater each variance in tovoratie (7) er unterventie a retrovisten und AC actul test AO Formula Variance Direct materials cos variance Direct labor cost arance Next compute the efficiency variances Select the required formulas, compute the ceny variances for director and direct her, and idently we chance for Aviation and COM AQ accant, Fordove andard cost standard Formula Direct materials oficiency variance Director efficiency variante Requirement 2. Formarutacturing overhead, compute the variable overhead cost and efficiency wariances and the feed overhead cost and volume variances Now compute the variable overhead cost and efficiency variances Select the required formula compute the variable overhead cost and efficiency variances and identity whether each wrance is favorable per una reviations used AC actual coAQ - Guantity: FOHfed overhead: SC standard Standard quartly VOH van overhead) Form Variance VOH Conce Choose from any list or enterary number in the input fields and then continue to the new