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I need this as soon as possible please. I'll leave a good review. Need it within 3 0 minutes. Fetveg. Cornpany has deve'oped the following
I need this as soon as possible please. I'll leave a good review. Need it within minutes.
Fetveg. Cornpany has deve'oped the following standards for one of its products Direct labor hours is the driver used to asson Overhead costs to products orect matena'st Direct labor Variable manufacturing overhead: 10 pounds S2 90 per pound 2 5 hours $8 per hour 2 5 hours $2 per hour The following activity occurred during the month of June: Materials purchased: Ending Materials Inventory Beginning Materials Inventory: Units produced: Direct labor: Actual variable manufacturing overhead: 125,000 pounds for S325.ooo 20.000 pounds 10.000 pounds 12,000 units S226,800 for 28,000 dih $54.600 Actual Fixed manufacturing overhead: $155.000 Budgeted Fixed Manufacturing Overhead was $162,000 with a Fixed Manufacturing Overhead rate of S6 per hour. a) What is the Direct Materials Price Variance if the Purchasing department is responsible for this variance? (4 pts.) Be sure to show ALL your work with formulas in English or abbreviations. If needed, use five decimal places for prices and round the variance to the nearest dollar. b) What is the Direct materials Usage Variance? (4 pts.) Be sure to show ALL your work with formulas in English or abbreviations. If needed, use five decimal places for prices and round the variance to the nearest dollar. c) What is the Direct Labor Efficiency variance? (4 pts.) Be sure to show ALL your work with formulas in English or abbreviations. If needed, use five decimal places for prices and round the variance to the nearest dollar. c) What is the Direct Labor Emcency variance? (4 pts. ) Be sure to show ALL your work with formulas n Enqush or abbreviations, needed. use five decimal places for prvces and round the vanance to the nearest donar d) Using a a-way analysis of Overhead vanances. what is the Fixed Overhead BudgetJSponding variance? (4 pts) Bo Sure to show ALL your work with formulas in Engl.sh or abbreviations. If needed. use five decimal places for prices and round the variance to the nearest dollar e) Using a 3-way analysis of Overhead variances. what is the Factory Overhead Efficiency variance? (4 pts.) Be sure to show ALL your work With formulas in English or abbreviations. If needed, use five decimal places for prices and round the variance to the nearest dollar f) Using the 2-way analysis of Overhead variances. what is the Factory Overhead Production Volume variance? (5 ptsj Be sure to show ALL your work with formulas in English or abbreviations. If needed. use five decimal places for prices and round the variance to the nearest dollar.
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