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Hello, I need someone to help me input the rest on my spreadsheet, I had a difficult time. Thank you. Problem 22(7)-2A Name: Jacky Ortiz
Hello, I need someone to help me input the rest on my spreadsheet, I had a difficult time. Thank you.
Problem 22(7)-2A Name: Jacky Ortiz Section: 1498 Score: 64% Key Code: [Key code here] Instructions Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. An asterisk (*) will appear to the right of an incorrect entry. The essay answer will not be graded. 1. a. Direct Materials Variance Price variance: Actual price Standard price Variance Actual quantity (lbs.) Direct materials price variance(favorable) unfavorable Quantity variance: Actual quantity used (lbs.) Standard quantity used (lbs.) Variance (lbs.) Standard price Direct materials quantity variance(favorable) unfavorable Total direct materials cost variance(favorable) unfavorable Total direct materials cost variance: Cocoa $ $ 7.33 7.25 0.08 140,300 11,224 $ 140,300 140,000 300 $7.25 2,175 $ Sugar $ $ 1.35 1.40 (0.05) 188,000 (9,400) $ 188,000 190,000 (2,000) $1.40 (2,800) $ Total $ 1,824 $ (625) 1,199Step by Step Solution
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