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Misty McDougall is the manager of the Jordan Bagel Shop. The corporate office had budgeted her store to sell 3,700 ham sandwches during the week

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Misty McDougall is the manager of the Jordan Bagel Shop. The corporate office had budgeted her store to sell 3,700 ham sandwches during the week beginning July 17. Each sandwch was expected to contain 8 ounces of ham. During the week of July 17, the store actually sold 4,100 sandwiches and used 33,500 ounces of ham. The standard cost of ham is $0.20 per ounce. The varlance report. from company headquarters showed an unfavorable materlals usage varlance of $780. Ms. McDougall thought the varlance was too high, but she had no accounting background and did not know how to register a proper objectlon. Required a. Determine the materlal usage varlance. Note: Indicate the effect of the varlance by selecting favorable (F) or unfavorable (U), and select "None" If there is no effect (I.e., zero varlance). Monique's Florals produced a speclal Mother's Day arrangement that Included elght roses. The standard and actual costs of the roses used in each arrangement follow: Monique's Florals planned to make 825 arrangements but actually made 940 . Required a. Determine the total flexible budget materlals varlance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materlals price varlance and Indicate whether it is favorable (F) or unfavorable (U). c. Determine the materlals usage varlance and indicate whether It is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a,b, and c by showng that the sum of the price and usage varlances equals the total varlance. Complete this question by entering your answers in the tabs below. a. Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). c. Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). Note: Select "None" if there is no effect (i.e., zero variance). Do not round your intermediate calculations. Round your answers to 2 decimal places. Russell and Sons, a CPA firm, established the following standard labor cost data for completing what the firm referred to as a Class 2 tax return. Russell expected each Class 2 return to requlre 3.0 hours of labor at a cost of $37 per hour. The firm actually completed 600 Class 2 returns. Actual labor hours averaged 2.7 hours per return and actual labor cost amounted to $45 per hour. Required a. Determine the total labor varlance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the labor price varlance and Indicate whether it is favorable (F) or unfavorable (U). c. Determine the labor usage varlance and Indicate whether it is favorable (F) or unfavorable (U). Note: For all requirements, do not round intermediate calculations and select "None" If there is no effect (l.e., zero varlance). Benson Car Wash, Incorporated expected to wash 1,000 cars during the month of August. Washing each car was expected to require 0.2 hour of labor. The company actually used 214 hours of labor to wash 920 cars. The labor usage varlance was $480 unfavorable. Required a. Determine the standard labor price. b. If the actual labor rate is $14, calculate the labor price varlance and indicate whether it would be favorable (F) or unfavorable (U). Note: Select "None" If there is no effect (l.e., zero varlance)

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