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I got them as clear as I can get them. Please help me out!!! Chapter 23 PR, 23-3B nce Evaluation using variances from Standard Costs
I got them as clear as I can get them. Please help me out!!! Chapter 23 PR, 23-3B nce Evaluation using variances from Standard Costs analysis Direct materials, direct labor, and factory overhead cost variance OBJ, 3, 4 Road Gripper Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,160 tires follows: Standard Costs Direct materials Actual Costs 100,000 lbs. at $640 Direct labor 01.000 lbs. at $6.50 2,080 hrs at $15.75 2,000 hrs, at $15A0 Factory overhead Rates per direct labor hr. based on 100% of normal capacity of 2,000 direct labor hrs. Variable cost, $400 $8,200 variable cost Fixed cost, $6.00 $12,000 fixed cost Each tire requires 0.5 hour of direct labor. Instructions Determine (a) the direct materials price variance, direct materials quantity variance, and total direct materials cost variance; (b) the direct labor rate variance, direct labor ance, and total direct labor cost variance; and the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. PR 23-4B Factory overhead cost variance report OBJ. 4 Feeling Better Medical Inc., a manufacturer of disposable medical for prepared the following factory overhead cost budget for the Assembly nt October of the current year. The company expected to operate the department at 100% of normal capacity 30,000 hours. $247,500 Variable costs Indirect factory wages 189,000 52,500 Power and light $489,000 Indirect materials Total variable cost $126,000 Fixed costs: aries any sal
I got them as clear as I can get them. Please help me out!!!
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