its a cost accounting question please provide me a full solution thank you.

Question for Chapter 7 Jam Life Inc. manufactures jam products. It makes a mixed fruit and berry jam by blending strawberries, peaches, and apricots. Budgeted costs to produce 100,000 kilograms of jam in September were: Ingredient Strawberry Peach Apricot Kilograms Cost per Kg. 80,000 kg. $1.25 100,000 kg. $1.80 220,000 kg. $2.25 Total Cost $100,000 $180,000 $495,000 Actual costs to produce 100,000 kilograms of jam in September were: Ingredient Strawberry Peach Apricot Kilograms 105,000 kg. 105,000 kg. 210,000 kg. Cost per Kg. $1.15 $1.80 $2.10 Total Cost $120,750 $189,000 $441,000 Required: 1. Calculate the total direct materials rate and efficiency variances. Show each input separately. 2. Calculate the total direct materials mix and yield variances. Show each input separately Question for Chapter 8 The Saskatchewan division of a Canadian farm machinery company uses a standard cost system for its machine-based production of grain drying equipment. Data regarding production for April are as follows: Variable manufacturing overhead costs incurred Variable manufacturing overhead costs allocation rate Fixed manufacturing overhead costs incurred Fixed manufacturing overhead budgeted Denominator level machine hours Standard machine hours allowed per unit of output Units produced Actual machine-hours used Ending work-in-process inventory $ 549,600 $750 per machine hour $86,500 $90,000 800 hours 40 hours 22 units 820 hours nil Required: 1. Prepare the necessary journal entries to account for the variable manufacturing overhead incurred and allocated to production. 2. Prepare the journal entry to close the variable overhead variance accounts under the assumption that the amount is immaterial. Question for Chapter 9 The Edwards Company uses an absorption costing system based on standard costs. The same standard costs were used in 2014 and 2015. Total variable manufacturing costs include direct materials (DM), direct labour (DL) and variable overhead costs, which are $27.00 per unit. Total budgeted fixed overhead is $41,085.The denominator volume in 2015 was 3,300 units. The selling price is $60 per unit and 2,600 units were sold during the year. Fixed marketing and administration expenses are $12,000 and variable marketing expenses are $7.50 per unit sold. Inventory at December 31, 2015 was 3,500 units and inventory at December 31, 2014 was 3,000 units. Assume there were no marketing variances and no price variances for variable manufacturing costs. The DM efficiency variance is $1,000 favourable and the DL efficiency variance is $1,500 unfavourable. The actual fixed overhead is $43,500 causing a rate (or budget) variance. All variances are written off to COGS during the year. REQUIRED: Calculate the following numbers that would appear on a particular income statement: Required calculation 1. Absorption sales in total dollars 2. Absorption COGS before adjusting for variances 3. Fixed volume variance. State U or F. 4. The amount of the adjustment to absorption COGS for all other appropriate variances excluding #3 the fixed volume variance will be: 5. State whether the # 4 adjustment will increase (DR) or decrease (CR) COGS 6. Using variable costing, the Fixed manufacturing overhead reported is: 7. The difference between absorption and variable operating income (OI) is: 8. State whether the OI under absorption is higher or lower than variable OI Answer Question for Chapter 18 Intelligent Composite Materials Inc. is a manufacturer of advanced composites that can be formed electronically. Direct materials are added at the start of the production process. Conversion costs are added evenly during the process. Some units of the product XJ1 are spoiled as a result of defects not detectable before inspection of finished goods. Spoiled units are disposed of at zero net disposal value. The company uses standard costs with $300 per equivalent unit for direct materials, and $90 per equivalent unit for conversion costs for both beginning work-in-process inventory and work done during the period. Summary data for the month of July follow: Work-in-process, beginning Degree of completion of beginning WIP Started during July Good units completed & transferred during July Work-in-process, ending Degree of completion of ending WIP Total costs added during July Normal spoilage as a percentage of good units Degree of completion of normal spoilage Degree of completion of abnormal spoilage Direct Materials $168,000 100% Conversion Costs $42,000 40% 100% $10,805,000 Physical Units 500 60% $3,620,000 100% 100% 100% 100% 36,000 33,000 400 5% Required: a. Prepare a production cost report assuming the spoilage is recognized. b. Prepare the necessary journal entry to record abnormal spoilage. c. Calculate the necessary variances. Question for Chapter 19 Falcon Industries manufactures customized industrial compounds. All processing is initiated when an order is received. For April there were no beginning inventories. Conversion costs and direct materials are the only manufacturing cost accounts. Direct materials are purchased under a just-in-time system. Journal entries are recorded at three trigger points using backflush costing: purchase of direct materials, completion of finished goods, and sale of product. Additional information is as follows: Actual direct material costs Actual conversion costs Standard materials costs per unit Standard conversion cost per unit Units produced Units sold $190,000 $478,000 $30 $78 6,200 5,800 Required: Record all journal entries for the monthly activities related to the above transactions assuming that backflush costing is used. The company uses a standard costing system for recording the purchase and use of direct materials; and, the recording of conversion costs. Material price variances are recorded at the time of purchase then closed to cost of goods sold; all other variances are recorded at the completion of finished goods trigger point as a direct charge, or credit to Cost of Goods Sold