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May someone please help me. Thank You your helo in preparing a Eudget Performance Peport for 5 eptember. The compary produced 3,500 pairs of choes
May someone please help me. Thank You
your helo in preparing a Eudget Performance Peport for 5 eptember. The compary produced 3,500 pairs of choes that required 12,250 units of material porchased at 58.20 per unit and 9.450 hools and a netitive numbere for an unfayorable cost varlance. Sole Purpose Shoe Company Budget Performance Report For the Month Ended September 30 Before Sarah makes any changes based on the Budget Performance Report for Septembes, she wants to be sure she understands the results, and has the following cuestions for you Answer the following questions (1) and (2), All questions pertain to the septenter data. 1. What caused the total cost variance for direct materials? a. The actual quantity of direct materials per unit was less than the standard quantity. b. The actual price for ditect materials per unit was less than the standard ptice. c. The favarable brice variance dominated the unfavorable quantity variance, causing the total cost variance for direct materials to be favorable. 4. The unfayorable quantity yariance dominated the fayorable price variance, causinu the total cobl vafiance for difect materlaks to be vifavorable, 0. A factor other than those lieted caused the total cost variance for direct nuaterlals. tal cost variance for derect labor? af tabor hours per unit was less than the standard number. varance was larger than the favorable time vaniance. cawing the total cost variance for elrect labor to be unfayorahie. 2. What caused the total cost variance for direct labor? a. The actual number of labor hours per unit was less than the standard number. b. The unfavorable rate variance was larger than the favorable time variance, causing the total cost variance for direct labor to be unfavorable. c. The favorable time variance was larger than the unfavorable rate variance, causing the total cost variance for direct labor to be favorable. d. The actual rate for labor hours per unit was less than the standard rate. 0. A factor other than those listed caused the total cost variance for direct labor Step by Step Solution
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