Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Martin Vrance Analysis (14 points) manches in product and uses a standard-cost system 4 $5 per lb $20.00 3 hr per unit $5 per hour

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Martin Vrance Analysis (14 points) manches in product and uses a standard-cost system 4 $5 per lb $20.00 3 hr per unit $5 per hour 15.00 3 hrs. $3 per direct labor hour $84.000 / 12.000 units 5100 C h a t ed production of 12.000 units for 2020 Actual results were as follows: 5.000 were produced and sold Directors were $226,800 for 44,000 hours m il purchased, 66,000 pounds for $273.900 used in production. 62.000 pounds manfacturing overhead costs incurred, $213.000, of which $70,000 were foed-overhead costs. sure to indicated if the variance is favorable (F) or unfavorable (U!! Question 20 purchase price variance. Enter a whole number, No decimals. surchase price variances F r enter for favorable Question 22 Calculate the direct materials quantity variance Enter a whole number No decnals Question 23 f o rmer for unfavorable Question 25 tor t or enter for vorable Question 26 the Grect stor ethiciency walance Question 27 The r edency variance is renter for Unfavorable For Question 32 Calculate the found overhead budget variance Enter a whole number. No decimals. Question 33 overhead budget variance is For Fav o r enter Ufor Unfavorable) Part Balanced Scorecard (8Points) Question 29 he g arlance is anter for Unfavorable 15 Question 30 be th e overhead efhciency wariance Enterwerber No Question 31 deficiency variance is Martin Vrance Analysis (14 points) manches in product and uses a standard-cost system 4 $5 per lb $20.00 3 hr per unit $5 per hour 15.00 3 hrs. $3 per direct labor hour $84.000 / 12.000 units 5100 C h a t ed production of 12.000 units for 2020 Actual results were as follows: 5.000 were produced and sold Directors were $226,800 for 44,000 hours m il purchased, 66,000 pounds for $273.900 used in production. 62.000 pounds manfacturing overhead costs incurred, $213.000, of which $70,000 were foed-overhead costs. sure to indicated if the variance is favorable (F) or unfavorable (U!! Question 20 purchase price variance. Enter a whole number, No decimals. surchase price variances F r enter for favorable Question 22 Calculate the direct materials quantity variance Enter a whole number No decnals Question 23 f o rmer for unfavorable Question 25 tor t or enter for vorable Question 26 the Grect stor ethiciency walance Question 27 The r edency variance is renter for Unfavorable For Question 32 Calculate the found overhead budget variance Enter a whole number. No decimals. Question 33 overhead budget variance is For Fav o r enter Ufor Unfavorable) Part Balanced Scorecard (8Points) Question 29 he g arlance is anter for Unfavorable 15 Question 30 be th e overhead efhciency wariance Enterwerber No Question 31 deficiency variance is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Security How To Plan Implement And Audit Netsuite Security

Authors: Zenobia Plautz

1st Edition

B0B5KQKXSY, 979-8840043851

More Books

Students also viewed these Accounting questions

Question

Develop skills for building positive relationships.

Answered: 1 week ago

Question

Describe techniques for resolving conflicts.

Answered: 1 week ago

Question

Give feedback effectively and receive it appropriately.

Answered: 1 week ago