Answered step by step
Verified Expert Solution
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
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started