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Multiple choice questions: This is 1 question with different parts Fatimah y is a supervisor and the head of variance analysis for a Food Services
Multiple choice questions: This is 1 question with different parts
Fatimah y is a supervisor and the head of variance analysis for a Food Services subdivision. Fatimah is attempting to zero in on the reasons behind differences between the Food Services' actual results and its flexible budget. The standard cost card for an individual serving is reproduced here: Standard Cost J Food Services Standard Cost Card Standard Standard Inputs Quantity/Hours Price/Rate Direct Materials 0.5 pounds $2.50/pound Direct Labor 0.2 hours $10/hour Variable Manufacturing Overhead 0.2 hours $12/hour Total Standard Cost per Unit $ 1.25 $ 2.00 $ 2.40 $ 5.65 At the end of the period, 1-3Food Services' actual inputs and costs were determined to be: Actual Production 20,000 Actual Direct Materials Cost $ 27,000 Actual Direct Materials Purchased 11,000 Actual Direct Materials Used 10,500 Actual Direct Labor Hours 4,300 Actual Direct Labor Cost $ 44,000 Actual Variable Manufacturing Overhead $ 47,500 What will Fatimah find for Food Services' Labor Efficiency Variance? 1,250 Unfavorable 500 Favorable 3,000 Favorable 3,000 Unfavorable Fatimah s y is a supervisor and the head of variance analysis for a Food Services subdivision. Fatimah is attempting to zero in on the reasons behind differences between the Food Services' actual results and its flexible budget. The standard cost card for an individual serving is reproduced here: Standard Cost Food Services Standard Cost Card Standard Standard Inputs Quantity/Hours Price/Rate Direct Materials 0.5 pounds $2.50/pound Direct Labor 0.2 hours $10/hour Variable Manufacturing Overhead 0.2 hours $12/hour Total Standard Cost per Unit $ 1.25 $ 2.00 $ 2.40 $ 5.65 At the end of the period, Food Services' actual inputs and costs were determined to be: Actual Production Actual Direct Materials Cost Actual Direct Materials Purchased Actual Direct Materials Used Actual Direct Labor Hours Actual Direct Labor Cost Actual Variable Manufacturing Overhead 20,000 $ 27,000 11,000 10,500 4,300 $ 44,000 $ 47,500 What will Fatimah find for Food Services Labor Rate Variance? 3,000 Unfavorable 1,000 Unfavorable 4,500 Favorable 4,100 Favorable a city's. Fatimah is a supervisor and the head of variance analysis for Food Services subdivision. Fatimah is attempting to zero in on the reasons behind differences between the Food Services' actual results and its flexible budget. The standard cost card for an individual serving is reproduced here: Standard Cost Food Services Standard Cost Card Standard Inputs Standard Quantity/Hours Price/Rate Direct Materials 0.5 pounds $2.50/pound Direct Labor 0.2 hours $10/hour Variable Manufacturing Overhead 0.2 hours $12/hour Total Standard Cost per Unit $ 1.25 $ 2.00 $ 2.40 $ 5.65 At the end of the period, Pood Services' actual inputs and costs were determined to be: Actual Production Actual Direct Materials Cost Actual Direct Materials Purchased Actual Direct Materials Used Actual Direct Labor Hours Actual Direct Labor Cost Actual Variable Manufacturing Overhead 20,000 $ 27,000 11,000 10,500 4,300 $ 44,000 $ 47,500 What will Fatimah find for Food Services' Variable Overhead Rate Variance? 3,600 Unfavorable 4,100 Favorable 3,600 Favorable 500 Favorable ersity Fatimalt is a supervisor and the head of variance analysis for e v Food Services subdivision. Fatimah is attempting to zero in on the reasons behind differences between the Food Services' actual results and its flexible budget. The standard cost card for an individual serving is reproduced here: Standard Cost Food Services Standard Cost Card Standard Standard Inputs Quantity/Hours Price/Rate Direct Materials 0.5 pounds $2.50/pound Direct Labor 0.2 hours $10/hour Variable Manufacturing Overhead 0.2 hours $12/hour Total Standard Cost per Unit $ 1.25 $ 2.00 $ 2.40 $ 5.65 At the end of the period Food Services' actual inputs and costs were determined to be: Actual Production Actual Direct Materials Cost Actual Direct Materials Purchased Actual Direct Materials Used Actual Direct Labor Hours Actual Direct Labor Cost Actual Variable Manufacturing Overhead 20,000 $ 27,000 11,000 10,500 4,300 $ 44,000 $ 47,500 What will Fatimah find for Food Services Variable Overhead Efficiency Variance? 3,600 Unfavorable 500 Unfavorable 500 Favorable 3,600 Favorable
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