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Non of the ways this question was previously answered were clear to me for what goes in each box. Please in your answer include which
Non of the ways this question was previously answered were clear to me for what goes in each box. Please in your answer include which box it goes in.
Standard cost information: Standard Quantity / Unit Standard Price Standard Cost/Unit 2 $0.75 $1.50 Direct Material Direct Labor 5 $0.35 $1.75 Variable Overhead 3 $1.20 $3.60 Actual cost information: Total Actual Used Total Actual Cost Direct Material 19,500 $19,500 Direct Labor 34,500 $15,750 Variable Overhead 18,000 $22,000 Do not enter dollar signs or commas in the input boxes. Round all Unit values to 2 decimal places. Round all other answers to the nearest whole number. Enter all variances as positive values. a) Complete Direct Materials variance analysis. Actual Results / Unit Total Actual Results Price Variance AQ X SP Quantity Variance Total Standard Allowed Standard Allowed / Unit Units Produced 1.00 7,500 7,500.00 7,500 1.00 Materials / Unit Produced Price/Unit M Contact us! Total Cost a) Complete Direct Materials variance analysis. Actual Results / Unit Total Actual Results Price Variance AQ X SP Quantity Variance Total Standard Allowed Standard Allowed / Unit 1.00 7,500 7,500.00 7,500 1.00 Units Produced Materials / Unit Produced Price/Unit Total Cost Total DM Variance b) Complete Direct Labor variance analysis. Actual Results / Unit Total Actual Results Labor rate variance AQ X SP DL efficiency variance Total Standard Allowed Standard Allowed / Unit Units Produced 1.00 7,500 7,500.00 7,500 1.00 DLH/ Unit Produced DL Price/Unit Total Cost Contact us! Results / Unit Results variance Allowed / Unit Allowed 1.00 7,500 7,500.00 7,500 1.00 Units Produced DLH/ Unit Produced DL Price/Unit Total Cost Total DL Variance c) Complete Variable Overhead variance analysis. Actual Results / Unit Total Actual Results VOH spending variance AQ X SP VOH efficiency variance Total Standard Allowed Standard Allowed / Unit 1.00 7,500 7,500.00 7,500 1.00 Units Produced VOH/ Unit Produced VOH Price/Unit Total Cost Total VOH Variance Contact usStep by Step Solution
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