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need help with 4 part table work Saved Help ! Required information Use the following information for the Problems below. [The following information applies to
need help with 4 part table
work Saved Help ! Required information Use the following information for the Problems below. [The following information applies to the questions displayed below.) Trico Company set the following standard unit costs for its single product. Direct materials (38 Tbs. $5.10 per Ib.) Direct labor (8 hrs. $14 per hr.) Factory overhead-Variable (8 hrs. @ $6 per hr.) Factory overhead-Fixed (8 hrs. $12 per hr.) Total standard cost $153.88 112.00 48.ee 96.00 $ 409.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 66.000 units per quarter. The following flexible budget information is available Operating Levels RE no Trico Company set the following standard unit costs for its single product. Direct materials (30 lbs. $5.10 per tb.) Direct labor (8 hrs. $14 per hr.) Factory overhead-Variable (8 hrs. 56 per hr.) Factory overhead-Fixed (8 hrs. @ $12 per hr.) Total standard cost $ 153.00 112.00 48.00 96.00 $499.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 66.000 units per quarter. The following flexible budget information is available Operating Levels 70% BOX 46,200 52,890 369,600 422,400 90% 59.400 475,200 Production in units Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead $5,668,800 $5,168,800 $5,068,800 $2,217,6ee $2,534,400 $2,851,200 During the current quarter, the company operated at 90% of capacity and produced 59.400 units of product actual direct labor totaled 369,400 hours. Units produced were assigned the following standard costs. Direct materials (1,782,000 lbs. @ 55.18 per Ib.) Direct labor (475,200 hrs. @ $14 per hr.) $ 9,088,200 6,652,800 553 RAR 46,200 369,60 Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead $2,880 422,4ee 59.400 475,200 35,068,880 $5,068,800 $5,068,80 $2,217.600 $2,534,400 $2.851,200 During the current quarter, the company operated at 90% of capacity and produced 59,400 units of product, actual direct labor totaled 369.400 hours Units produced were assigned the following standard costs. Direct materials (1,782,000 lbs. $5.10 per Ib.) Direct labor (475,200 hrs. $14 per hr.) Factory overhead (475,200 hrs. $18 per hr.) Total standard cost $ 9,088,200 6,652,880 8.553,6ee $24,294,600 Actual costs incurred during the current quarter follow. Direct materials (1,387,000 lbs. $6.70 per lb.) Direct labor (369,400 hrs. $11.60 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $ 9,292,900 4,285,840 3,196,500 3,466,700 $20, 241, 140 Problem 214A Computing materials labor and overhead yarianses LO P3, P4 mework Saved Required information Propiem 21-4A computing materiais, labor, and overneau vanances LU r3, 4 Required: 1. Compute the direct materials cost variance, including its price and quantity variances. 2. Compute the direct labor cost variance, including its rate and efficiency variances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. Req 1 Req 2. Reg 3 Controllable Variance Req 4 Volume Variance Compute the direct materials cost variance, including its price and quantity variances. (Indicate the effect of each variance by sele HUS Complete this question by entering your answers in the tabs below. Req3 Reg! Reg 2 Controllable Reg 4 Volume Variance Variance Compute the direct materials cost variance, including its price and quantity variances. (Indicate the effect of each wariance by selecting for a new places.) Actuat Cost Reg 2 ) w overhead controllable and volume variances. Varrancos Complete this question by entering your answers in the tabs below. Reg 3 Rat Reg 2 Re4 Volume Controla Variance Variance Compute the direct labor.cost variance, including its rate and efficiency variances Indicate the effect of each wartance by acting for favor decimal places.) Actual Cout Cer > Required: 1. Compute the direct materials cost variance, including its price and quantity variances 2. Compute the direct labor cost variance, including its rate and efficiency variances. 3. Compute the overhead controllable and volume variances Complete this question by entering your answers in the tabs below. Print Controllable Reg 4 Volume Terences Req3 Reg 1 Reg 2 Variance Variance Compute the controllable variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no Variance.) Controllable Variance Actual overhead Budgeted overhead Controllable variance Reg 2 Req 4 Volume Variance 1. Compute the direct materials cost variance, including its price and quantity variances 2. Compute the direct labor cost variance, including its rate and efficiency variances. 3. Compute the overhead controllable and volume variances. Book Complete this question by entering your answers in the tabs below. Print Req3 Reg 1 Req 2 Controllable Reg 4 Yolume Variance Varice Compute the volume variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) rences Fixed overhead volume variance Budgeted fixed overhead Fixed overhead cost applied Fixed overhead volume variance Step by Step Solution
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