medication.com ww made..con consemnal browserBlaunch https253A%252F%252Fnewconnected No a 900 bin meeting the sales budget this year, but our production people did a good Swimpresident of Martel Company "Our 555.600 overall manufacturing cost variance is the cost of products made during the year. That's well within the 3% parameter set by management be everyone will be in for a bonus this year the composes and more product. The standard cost card for the product follows 21 Standard Standard Price (1) 11 feet 4.2 tot $ 23.10 2. 12 hour 200 2. ). per hour 8.00 5.65.10 Thomson is able for the year just completed There 2000 units of product during the year 300 ml was purchased during the year at a cost of $450 per foot All of this material was used to the 20000 roced. There were no beginning or ending inventories for the year 000 hours Baring the year at a direct labor cost of $1160 per hour Norts on the base of candard direct obor-hours. Data elating to manufacturing overhead cours follow Theret 17. 5 272,00 1113,30 1,100 Constances for the year deficiency anances for the year odcom wywance for the year und volume wances for the year Indientethetect of each variance by selecting for favorable. "U" for unfavorable, and "None" for hi a The company manufactured 20.000 units of product during the year. A total of 107000 feet of material was purchased during the year at a cost of $4.50 per foot All of this material was used to manufacture the 20.000 units produced. There were no beginning or ending inventories for the year. c. The company worked 43.000 direct labor-hours during the year at a direct labor cost of $11.60 per hour. Overhead is applied to products on the basis of standard direct labor-hours. Data relating to manufacturing overhead costs follow, Decontator activity level (direct labor-hours) Bug Fixed overhead costs Actual vale overhead costs incurred Atuale overhead costs incurred 37,000 $ 222,00 $ 133,300 $ 218,800 Required Compute the materials price and quantity variances for the year. 2.Compute the laborate and efficiency variances for the year 3. For manufacturing overhead compute a The variable overhead rate and efficiency variances for the year The five overhead budget and volume variances for the year erequirements, indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie, zere variance, trout all amounts as positive values.) by once We arance ble head office vacance Fodowa budget variance Fechod volume arance medication.com ww made..con consemnal browserBlaunch https253A%252F%252Fnewconnected No a 900 bin meeting the sales budget this year, but our production people did a good Swimpresident of Martel Company "Our 555.600 overall manufacturing cost variance is the cost of products made during the year. That's well within the 3% parameter set by management be everyone will be in for a bonus this year the composes and more product. The standard cost card for the product follows 21 Standard Standard Price (1) 11 feet 4.2 tot $ 23.10 2. 12 hour 200 2. ). per hour 8.00 5.65.10 Thomson is able for the year just completed There 2000 units of product during the year 300 ml was purchased during the year at a cost of $450 per foot All of this material was used to the 20000 roced. There were no beginning or ending inventories for the year 000 hours Baring the year at a direct labor cost of $1160 per hour Norts on the base of candard direct obor-hours. Data elating to manufacturing overhead cours follow Theret 17. 5 272,00 1113,30 1,100 Constances for the year deficiency anances for the year odcom wywance for the year und volume wances for the year Indientethetect of each variance by selecting for favorable. "U" for unfavorable, and "None" for hi a The company manufactured 20.000 units of product during the year. A total of 107000 feet of material was purchased during the year at a cost of $4.50 per foot All of this material was used to manufacture the 20.000 units produced. There were no beginning or ending inventories for the year. c. The company worked 43.000 direct labor-hours during the year at a direct labor cost of $11.60 per hour. Overhead is applied to products on the basis of standard direct labor-hours. Data relating to manufacturing overhead costs follow, Decontator activity level (direct labor-hours) Bug Fixed overhead costs Actual vale overhead costs incurred Atuale overhead costs incurred 37,000 $ 222,00 $ 133,300 $ 218,800 Required Compute the materials price and quantity variances for the year. 2.Compute the laborate and efficiency variances for the year 3. For manufacturing overhead compute a The variable overhead rate and efficiency variances for the year The five overhead budget and volume variances for the year erequirements, indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie, zere variance, trout all amounts as positive values.) by once We arance ble head office vacance Fodowa budget variance Fechod volume arance