I'm Really Cold Coat Company does not expect there to be any beginning or ending inventories of filler and lining material. At the end of the budget year, I'm Really Cold Coat Company experienced the following actual results: Actual production Filler Liner Women's Coats 4.400 Actual Price per Unit $1.90 per Ib. 8.20 peryd Actual Labor Rate 514.10 perhe 13.30 per hr Men's Coats 5,800 Actual Quantity Purchased and Used 48,000 85,100 Actual Labor Hours Used 1,825 2.800 Women's coats Men's coats The expected beginning inventory and desired ending inventory were realized. Instructions 1. Prepare the following variance analyses for both coats and the total, based on the actual results and production levels at the end of the budget year: a. Direct materials price, quantity, and total variance Answer. b. Direct labor rate, time, and total variance AA I'm Really Cold Coat Company does not expect there to be any beginning or ending inventories of filler and lining material. At the end of the budget year, I'm Really Cold Coat Company experienced the following actual results: Actual production Filler Liner Women's Coats 4,400 Actual Price per Unit $1.90 per Ib. 8.20 per yd. Actual Labor Rate $14.10 per hr. 13.30 per hr Men's Coats 5,800 Actual Quantity Purchased and Used 48.000 85,100 Actual Labor Hours Used 1.825 2800 Women's coats Men's coats T The expected beginning inventory and desired ending inventory were realized. Instructions 1. Prepare the following variance analyses for both coats and the total, based on the actual results and production levels at the end of the budget year: a. Direct materials price, quantity, and total variance Answer b. Direct labor rate, time, and total variance I'm Really Cold Coat Company makes women's and men's coats. Both products require filler and lining material. The following planning information has been made available: Excel Filler Liner Standard labor time Standard Price per Unit $2.00 per lib. 8.00 per yd. Standard Amount per Unit Women's Coats Men's Coats 4.0 lb 5.2 lb 7.0 yds. 9.4 yds. 0.40 hr. 0.50 hr. Women's Coats 5,000 units $14,00 per hr Planned production Standard labor rate Men's Coats 6,200 units $13.00 per hr I'm Really Cold Coat Company does not expect there to be any beginning or ending inventories of filler and lining material. At the end of the budget year, I'm Really Cold Coat Company experienced the following actual results: Actual production Women's Coats 4.400 Actual Price per Unit C1 on narih Men's Coats 5,800 Actual Quantity Purchased and Used LA Gillar