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Roonutachurwote tutto other companies for coming with the ownlogos Root preparate bugs and a standard cont system to contracturing costs. The standardit.com otac mug is based on budget volume of 60200 calmus per month ile icon to view the cost data) Actual cost and production Information for July 2018 follows Click then to view actuals and production information Read the Requirem. 1. Compute the cost and ency wiances for Bed and director Begin win the courance Select the forms.com the contraces for direct and director and with each variance is favorite (F) or unfavorable (U) ( At AG cost Adult FOHfed overhead Standard Standard Form Varian idmate ostvari (AC-50) 000 F De variants H G = 0 $ Select the forma compute the ancies for direct materials and direct labor and identity where able to brine ACC Actual FOR standardot 50 day Formule Varia Dved many was weten Choose to return mouthed and then check Help Me Solve This DemoDocs Example Get More Help COWA Check Answer aer companies for customizing with their own logos. Root st system to control manufacturing costs. The standard unit cost of 60,200 coffee mugs per month Actual cost and production information for July 2018 follow (Click the icon to view actual cost and production infor Read the requirements - X variances fd Data Table bible (F) formulas, SC = stand $ 0.05 Formula AC-SC) - 4 AC-SC)- 0.39 Direct Materials (0.2 lbs @ $0 25 per lb) Direct Labor (3 minutes @ $0.13 per minute) Manufacturing Overhead Variable (3 minutes @ 50.04 per minute) Fixed (3 minutes @50.15 per minute) Total Cost per Coffee Mug $ cy variancel 0.12 0.45 1) (Abbre ost: SO = ste 0.57 $ 101 For Print Done e input field Example Get More Help Ft 2 11: 86F 100 ompanies for customizing with their own logos Root stem to control manufacturing costs. The standard unit cost 0,200 coffee mugs per month Actual cost and production information for July 20 (Click the icon to view actual cost and produce Read the requirements Requirements ances for Requirements - X mulas, col = standa ral armula SC) A SC) A ariances 30 = stad 1. Compute the cost and efficiency variances for direct materials and direct labor 2. Journalize the purchase and usage of direct materials and the assignment of direct labor, including the related variances. 3. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances 4. Journalize the actual manufacturing overhead and the allocated manufacturing overhead. Journalize the movement of all production costs from Work-in-Process inventory. Journalize the adjusting of the Manufacturing Overhead account 5. Root intentionally hired more highly skilled workers during July. How did this decision affect the cost variances Overall, was the decision wise? U). Form out fields Print mple Done O 86F mer companies for customizing with their own logos. Root st system to control manufacturing costs. The standard unit cost of 60,200 coffee mugs per month Actual cost and production information for July 2018 follow (Click the icon to view actual cost and production info Read the requirements *** - X variances fo Data Table able (F) formulas, o SC = stand $ Formula AC -SC) 4 AC - SC) 0.05 0.39 Direct Materials (0.2 lbs @ $0.25 per lb) Direct Labor (3 minutes @ $0.13 per minute) Manufacturing Overhead: Variable (3 minutes @ $0.04 per minute) Fixed (3 minutes @ $0.15 per minute) Total Cost per Coffee Mug ncy variance ost, SQ = std $ 0.12 0.45 . (Abbre 0.57 $ For 1.01 Print Done e input field Example Get More Help - a * 86F Roonutachurwote tutto other companies for coming with the ownlogos Root preparate bugs and a standard cont system to contracturing costs. The standardit.com otac mug is based on budget volume of 60200 calmus per month ile icon to view the cost data) Actual cost and production Information for July 2018 follows Click then to view actuals and production information Read the Requirem. 1. Compute the cost and ency wiances for Bed and director Begin win the courance Select the forms.com the contraces for direct and director and with each variance is favorite (F) or unfavorable (U) ( At AG cost Adult FOHfed overhead Standard Standard Form Varian idmate ostvari (AC-50) 000 F De variants H G = 0 $ Select the forma compute the ancies for direct materials and direct labor and identity where able to brine ACC Actual FOR standardot 50 day Formule Varia Dved many was weten Choose to return mouthed and then check Help Me Solve This DemoDocs Example Get More Help COWA Check Answer aer companies for customizing with their own logos. Root st system to control manufacturing costs. The standard unit cost of 60,200 coffee mugs per month Actual cost and production information for July 2018 follow (Click the icon to view actual cost and production infor Read the requirements - X variances fd Data Table bible (F) formulas, SC = stand $ 0.05 Formula AC-SC) - 4 AC-SC)- 0.39 Direct Materials (0.2 lbs @ $0 25 per lb) Direct Labor (3 minutes @ $0.13 per minute) Manufacturing Overhead Variable (3 minutes @ 50.04 per minute) Fixed (3 minutes @50.15 per minute) Total Cost per Coffee Mug $ cy variancel 0.12 0.45 1) (Abbre ost: SO = ste 0.57 $ 101 For Print Done e input field Example Get More Help Ft 2 11: 86F 100 ompanies for customizing with their own logos Root stem to control manufacturing costs. The standard unit cost 0,200 coffee mugs per month Actual cost and production information for July 20 (Click the icon to view actual cost and produce Read the requirements Requirements ances for Requirements - X mulas, col = standa ral armula SC) A SC) A ariances 30 = stad 1. Compute the cost and efficiency variances for direct materials and direct labor 2. Journalize the purchase and usage of direct materials and the assignment of direct labor, including the related variances. 3. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances 4. Journalize the actual manufacturing overhead and the allocated manufacturing overhead. Journalize the movement of all production costs from Work-in-Process inventory. Journalize the adjusting of the Manufacturing Overhead account 5. Root intentionally hired more highly skilled workers during July. How did this decision affect the cost variances Overall, was the decision wise? U). Form out fields Print mple Done O 86F mer companies for customizing with their own logos. Root st system to control manufacturing costs. The standard unit cost of 60,200 coffee mugs per month Actual cost and production information for July 2018 follow (Click the icon to view actual cost and production info Read the requirements *** - X variances fo Data Table able (F) formulas, o SC = stand $ Formula AC -SC) 4 AC - SC) 0.05 0.39 Direct Materials (0.2 lbs @ $0.25 per lb) Direct Labor (3 minutes @ $0.13 per minute) Manufacturing Overhead: Variable (3 minutes @ $0.04 per minute) Fixed (3 minutes @ $0.15 per minute) Total Cost per Coffee Mug ncy variance ost, SQ = std $ 0.12 0.45 . (Abbre 0.57 $ For 1.01 Print Done e input field Example Get More Help - a * 86F