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i need requirement 1 fixed and checked. as well as checked for requirement 2. i do not know what is wrong but it does not
i need requirement 1 fixed and checked. as well as checked for requirement 2. i do not know what is wrong but it does not look right. due in 30 minutes. please help.
Requirement 1. Calculate the sales-volume variance and nexible-budget varance for operating income Begin with the actual results, then complete the flexable budget columns and the static budget columns. Label each varance as favorable (F) of Data table During 2020, actual number of units produced and sold was 5.100, at an average seling price of $780. Actual cost of direct materials used was $1,149,400 (70,000 pounds at $1642 per pound) Actual direct manufacturing labor costs were $572,900 (17,000 actual direct manufacturing labor-hours at $33.70 per nour) Actual fxed costs were $1,240,000. There were no beginning or ending inventories Direct materials Direct manutacturing labor Fixed costs Total costs Operating income Requirement 2. Compute price and efficiency variances for direct matenals and direct manufacturing labor Compute the price and efficiency variances for direct materials. Label each variance as favorable (F) or unfavorable (U). Compute the price and eficiency vanances for direct manufacturing tabor. Label each variance as favorable (F) or unfavorabie (U). Monza Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for 2020: (Click the icon to view the static budget data.) Data table Step by Step Solution
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