Homework: Chapter 11 - Homework Save Score: 0 of 3 pts 8 of 9 (5 complete) HW Score: 48.75%, 9.... E11-31A (similar to) Question Help Ceramics Etc. is a manufacturer of large flower pots for urban settings. The company has these standards: EClick the icon to view the standards.) (Click the icon to view the actual results.) Read the requirements. Requirement 1. Compute the direct labor rate variance and the direct labor efficiency variance. (Enter the variances as positive numbers. Enter the currency amounts in the formulas to the nearest cont, then round the final variance amounts to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U). Abbreviations used: DL = Direct labor) Begin with the direct labor rate variance. First determine the formula for the rate variance, then compute the rate variance for direct labor. ) + DLrate variance Choose from any list or enter any number in the input fields and then click Check Answ Check An Clear All 5 parto remaining tv 8 of 9 (5 complete) HW Score: 48.75 E11-31A (similar to) Question Help Ceramics Etc. is a manufacturer of large flower pots for urban settings. The company has these standards: 0 Actual Results Ceramics Etc. allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,800 flower pots: Purchased 21,560 pounds at a cost of $6.40 per Direct materials.. .. pound; used 21,060 pounds to produce 1,800 pots Worked 4.4 hours per flower pot (7.920 total DLH) at Direct labor . a cost of $15.00 per hour Actual variable manufacturing $6.20 per direct labor hour for total actual variable overhead .. manufacturing overhead of $49,104 Actual fixed manufacturing overhead ..... $67,800 Standard fixed manufacturing overhead allocated based on actual production $72,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer 5 parts remaining w etv & Standard Price and Volume 11 pounds per pot at a cost of $6.00 Direct materials (resin) per pound Direct labor. .4.0 hours at a cost of $16.00 per hour Standard variable manufacturing overhead rate .. $6.00 per direct labor hour Budgeted fixed manufacturing overhead .... $68,000 Standard fixed MOH rate... $10.00 per direct labor hour (DLH) Print Done 2 Choose from any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer 5 parts remaining w tv 4 II + ) 0 delete 8 9 cs Etc. is a manufacturer of large flower pots for urban settings. The company has these rds: click the icon to view the standards.) (Click the icon to view the actual results.) the requirements. Frement 1. Compute the direct labor rate variance and the direct labor efficiency variance. (En ADRLAR Dose numbers. Enter the cuncaLamounts in the formulas to the parash.cant, 0 Requirements X hpL Ance 1. Compute the direct labor rate variance and the direct labor efficiency variance 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances. Print Done Choose from any list or enter any number in the input fields and then click Check Answer ? parts remaining Clear All Check Answer tv 4 IC W
