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need help with both parts Investigation of variances Sommers Company use the following rule to determine whether materiale vanans should be investigated materials usage variance
need help with both parts Investigation of variances Sommers Company use the following rule to determine whether materiale vanans should be investigated materials usage variance will be investigated anytime the amour exceeds the lesser of $12.000 or 10% the standard cost. Reports for the past five weeks provided the following information: Week UV standard Materials Cost 1 510,500 $120,000 2 10.700 100,500 5.000 120,000 13,500 127.500 5 10,500 103.500 Required: Using the provided, Identify the comes that will be investigated Week 2 Do jump to record as facile ope ever cooler than expected jobs data trage Joe dieet Weck Weeks ate - GO Intation of variances Somos Comfort whither mere en het beeld water exceeds the lesser 512,000 to the standard cost. Beports to the wormation Week Standard Maletas C 1 1120,000 30 180.500 10 ho 103,500 thing the deaths will W WE 5 Weeks Week Weeks 2. CONCEPTUAL CONNECTION Suppose investigation reveals that the cause of an unfavorable materials usage variance is the use of lower-quality materials than are normally used Who is respon? What corrective action would likely be taken? 1. The purchasing agent is responsible. Corrective action would require a return to the purchase of the higher quality material normally used 2. The production engineer is responsible, Corrective action would require a return to the purchase of the higher quality material normally used 1. The sales manager is responsible, Conective action would require a return to the purchase of the higher quality material normally used 1. is responsible or the cationship of the variances is expected to perust, then the new labor method eBook $10,500 10,700 $120,000 100,500 120,000 9,0000 4 127,500 13,500 10,500 103,500 Required: Using the rule provided, identify the cases that will be investigated Week 1 Week 2 Week 3 Week 4 Week 5 2. CONCEPTUAL CONNECTION Suppose investigation reveals that the cause of an unfavorable materials usage variance is the use of lower quality materials than are normally used Who e responsible? What corrective action would likely be taken 1. The purchasing agent responsible. Corrective action would require a return to the purchase of the higher quality material normally used 2. The production engineer is responsible. Corrective action would require a return to the purchase of the higher quality material normally used 3. The sales manager is responsible Corrective action would require a return to the purchase of the higher quality material normally used 3. is responsible. If the relationship of the variance is expected to persist, then the new tobor method Investigation of Variances sommes company was the following rule to determine whether materials de verances should be investigated Amatas savaranor will be bated anytime the exced the less of $12,000 or 10% of the standard cout, tarports for the past five weeks provided the following information Week MUV Standard Materials Cont 1 $10,500 $120,000 2 10,2001 10.500 3 9,000 120,000 4 13,500 127.500 10,00 10.500 Required the rule orovided detil then that will be We We Wers WES 2. CONCEPTUAL CONNECTION Suppose ir veidoton reveals that there of an unfort materi so rano is the effowersity material than one normally used Whersponsible What corrective action would be bet 1. The purchasing agent is responsible Corrective action would require return to the purchase of the higher quality manalmally ed. the boat
need help with both parts
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