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helppppp pleaseeeeeee 60 points Bikes R Us manufactures metal frames for mountain bikes. The standard cost per unit of the product is shown below: The
helppppp pleaseeeeeee
60 points Bikes "R" Us manufactures metal frames for mountain bikes. The standard cost per unit of the product is shown below: The predetermined manufacturing overhead rate is $15. Actual costs for October in producing 8.000 units were as follows: Instructions: (a) Compute all of the material variances ( 20 points) NOTE: In order to receive full credit, you must use Excel formulas in each cell with a '?'. (b) Compute all of the labor variances ( 20 points) NOTE: In order to receive full credit, you must use Excel formulas in each cell with a '?? (c) Compute the total overhead variance (15 points) NOTE: In order to receive full credit, you must use Excel formulas in each cell with a ??. (d) Compute the total variance (5 points): NOTE: In order to receive full credit, you must use Excel formulas in each cell with a l. (o) Compute all of the material varlances (20. Pointa) Amaun! Actual Ouantity Actual Price 7 (thoyd to 2 acintin) Standand Quantity ? Stminard Piloe Ford to. 2 isocime?) (20 Peints) (b) Compute all of the labor variances (Pound ta? docmun). Actuas. Hour Actual Pate. Value Standaed Houn ? Standard Pate Value (Pliand to 2 docmit) Actun cost Ameunt Standard Cost ? RTNFMBTA: You must yes farmwial in the caily with a 'Y or yea will recelve 2repo pointa. (c) Compute the total overhead varlance. (15 Pointa) (c) Compule the total variance (5 Pointa) What is the tatal Variance? (use a formula to caicluate in the Yoliew' shaded cell below) Total Vartance Amsuns MrMinachi Yaa mutt use formulas in the ceflic wath a 7 or yeu will reteive zERO points. [Selvet al answay] Step by Step Solution
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