M Question 4 - Chapter 9 Assign X + Untitled spreadsheet - Google X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... [dj * OC Chapter 9 Assignment i Saved Help Save & Exit Submit Check my work 4 E9-13 (Algo) Calculating Variable Manufacturing Overhead Variances [LO 9-5] 10 Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from points LLL's standard cost card follows: Skipped Standard Standard Quantity Standard Rate Unit Cost Variable manufacturing overhead 0. 6 $0 . 80 $0 . 48 During August, LLL had the following actual results: eBook Units produced and sold 25 , 300 Actual variable overhead $ 9, 520 Actual direct labor hours 16 , 300 Hint Required: Compute LLL's variable overhead rate variance, variable overhead efficiency variance, and over- or underapplied variable overhead. Print Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). References Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance Mc Graw HillM Question 3 - Chapter 9 Assign X + Untitled spreadsheet - Google X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... dj * O C Chapter 9 Assignment i Saved Help Save & Exit Submit Check my work 3 E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] 10 Required: points Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). eBook Actual Costs Spending Flexible Volume Master Budget 245 units Variance Budget 245 units Variance 200 units Direct Material $ 15,700 $ 14,200 Hint Direct Labor 26,400 22,200 Variable Overhead 3,450 8,200 Print Fixed Overhead 11,700 1,100 Total Manufacturing Costs $ 62,250 $ 55,700 References Mc Graw HillM Question 2 - Chapter 9 Assign X + Untitled spreadsheet - Google X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... dj * OC Chapter 9 Assignment i Saved Help Save & Exit Submit Check my work 2 E9-2 (Algo) Preparing Flexible Budget for Manufacturing Costs [LO 9-2] 10 Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. points Required: Skipped Complete the table by preparing Olive's flexible budget for 4,200, 6,200, and 7,200 units. Note: Round your intermediate calculations to 2 decimal places. Master Budget Flexible Budget Flexible Budget |Flexible Budget eBook (5,200 Units) (4,200 Units) (6,200 Units) (7,200 Units) Direct materials $ 1,040 Direct labor 3,120 Hint Variable manufacturing overhead 1,560 Fixed manufacturing overhead 17,500 Print Total manufacturing cos $ 23,22 References Mc Graw HillM Question 1 - Chapter 9 Assignn X + Untitled spreadsheet - Google X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... dj * O C Chapter 9 Assignment i Saved Help Save & Exit Submit Check my work E9-1 (Static) Calculating Unknown Values for Direct Materials, Direct Labor Variances [LO 9-3, 9-4] 10 Ironwood Company manufactures cast-iron barbeque cookware. During a recent windstorm, it lost some of its cost accounting points records. Ironwood has managed to reconstruct portions of its standard cost system database but is still missing a few pieces of information. Skipped Required: Use the information in the table to determine the unknown amounts. You may assume that Ironwood does not keep any raw materials on hand. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero eBook variance). Direct Materials Direct Labor Print Standard amount per pan produced 2.5 pound 1.10 hour In Standard price $ 4.20 per pound $ 16.00 per hour References Actual amount used per pan produced 2.4 pound 1.20 hour Actual price $ 4.10 per pound $ 15.50 per hour Actual number of pans produced and sold 2,500 pans 2,500 pans Direct materials price variance Direct materials quantity variance Direct materials spending variance Direct labor rate variance Direct labor efficiency variance Direct labor spending variance Mc Graw Prev 1 of 5 Next > Hill