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Moe Garden Supplies makes ground covers to prevent weed growth. During May, the company produced and sold 44,200 rolls and recorded the following cost data: B(Click the icon to view the cost data.) Requirements Data table Moe Garden Supplies Computation of Overhead Variances Standard Total overhead variance: Actual Unit Cost Total Cost Actual overhead cost 168,800 Direct materials: Standard overhead allocated to production 189,618 $ 3.15 Total overhead variance 358,418 Standard (3 kg x $1.05 per kg) Actual (136,500 kg x $1.00 per kg) F $ 136,500 Direct labour: Overhead flexible budget variance: 0.90 Actual overhead cost Standard (0.1 hr x $9.00 per hr) Actual (4,620 hr x $8.80 per hr) 168,800 40,656 Flexible budget overhead for actual outputs Manufacturing overhead: Overhead flexible budget variance Standard: $ 2.00 Variable (0.2 machine hr x $10.00 per hr) Fixed ($92,000 for static budget volume ***Uveren Moe Garden Supplies Computation of Overhead Variances Total overhead variance: Actual overhead cost 168.800 Standard overhead allocated to production 189,618 Total overhead variance 358,418 F Overhead flexible budget variance: Actual overhead cost 168.800 Flexible budget overhead for actual outputs Overhead flexible budget variance Hului UVULTUU UUSI Standard overhead allocated to production 189,618 Total overhead variance 358,418 F Overhead flexible budget variance: Actual overhead cost 168,800 Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance: Flexible budget overhead for actual outputs Standard overhead allocated to production Production volume variance Help me solve this Video Get more help Points: 0.49 of 1 Moe Garden Supplies makes ground covers to prevent weed growth. During May, the company produced and sold 44,200 rolls and recorded the following cost data: (Click the icon to view the cost data.) Requirements Red Data table no Beg favo and direct labour (DL). (Enter the results as positive numbers. Standard Actual Price variance DM Unit Cost Total Cost 6,825 DL Direct materials: 924 F $ 3.15 --- PM) and direct labour (DL). (Enter the results as positive number Nex favo Standard (3 kg x $1.05 per kg) Actual (136,500 kg x $1.00 per kg) $ 136,500 F. Direct labour iciency variance 0.90 4,095 DM 40,656 1,800 U DL KER duction volume variance. (Enter the results as positive numbers. Red favo Standard (0.1 hr x $9.00 per hr) Actual (4,620 hr x $8.80 per hr) Manufacturing overhead: Standard: Variable (0.2 machine hr x $10.00 per hr) Fixed ($92,000 for static budget volume $ 2.00 Clear all H Requirements Requirement 1. Compute the price and efficiency variances for direct materials and direct labour. Begin by determining the formula for the price variance, then compute the price variances for direct materials (DM) and direct labour (DL). (Enter the results as positive numbers. Labelach va favourable (F) or unfavourable (U).) Actual price per input unit Standard price per input unit)x Actual quantity of input Price variance DMIS 1.00 1.05 )x 136.500 = $ 6.825 DL (s 8.80 9.00 x 4.620 = $ 924 F F Next, determine the formula for the efficiency variance, then compute the efficiency variances for direct materials (DM) and direct labour (DL) (Enter the results as positive numbers. Label each favourable (F) or unfavourable (U).) Actual quantity of input Standard quantity of input)x Standard price per input unit = Efficiency variance DM C 136.500 132.600 1) S 1.05 = $ 4,095 U DL 4,620 4 420 9.00 S 1.800 U x S = Requirement 2. For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance (Enter the results as positive numbers. Label each vari favourable (F) or unfavourable (U).) Requirement 2. For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance. (Enter the results as positive numbe favourable (F) or unfavourable (U):) Moe Garden Supplies Computation of Overhead Variances Total overhead variance: Actual overhead cost 168,800 189,618 Standard overhead allocated to production 358,418 Total overhead variance F Overhead flexible budget variance: Actual overhead cost 168,800 Flexible budget overhead for actual outputs Overhead flexible budget variance Clear all My May, the company produced and sold 44,200 rolls and recorded the (Click the icon to view the cost data.) Requirements Aliuai Uveneau WSE TVU,wou Standard overhead allocated to production 189,618 Total overhead variance 358,418 Overhead flexible budget variance: Actual overhead cost 168,800 Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance: Flexible budget overhead for actual outputs Standard overhead allocated to production Production volume variance Moe Garden Supplies makes ground covers to prevent weed growth. During May, the company produced and sold 44,200 rolls and recorded the following cost data: BE (Click the icon to view the cost data.) Requirements Data table - IN KDM) and direct labour (DL). (Enter the results as positive numbers. Label each variance Standard Actual Unit Cost Total Cost Price variance Direct materials: $ 6,825 F $ F 924 $ 3.15 Standard (3 kg x $1.05 per kg) Actual (136,500 kg x $1.00 per kg) $ 136,500 als (DM) and direct labour (DL). (Enter the results as positive numbers. Label anh varian Direct labour: Standard (0.1 hr x $9.00 per hr) 0.90 Efficiency variance .. 40,656 $ 4,095 U Actual (4,620 hr x $8.80 per hr) Manufacturing overhead: $ 1,800 U Standard: Je production volume variance. (Enter the results as positive numbers. Label each variance Variable (0.2 machine hr x $10.00 per hr) $ 2.00 Fixed ($92,000 for static budget volume Clear all Check ai 8:49 ENG 86% W O 1 . 2021- Type here to search Moe Garden Supplies makes ground covers to prevent weed growth. During May, the company produced and sold 44,200 rolls and recorded the following cost data: B (Click the icon to view the cost data.) Requirements Data table (DM) and direct labour (DL). (Enter the results as positive numbers. Label each varianc MUUA T90,JOU 91.00 pol ng T20, JUU Direct labour Price variance 0.90 $ 6,825 F 40,656 S 924 F Standard (0.1 hr x $9.00 per hr) Actual (4,620 hr x $8.80 per hr) Manufacturing overhead: Standard: Variable (0.2 machine hr x $10.00 per hr) Fixed ($92,000 for static budget volume als (DM) and direct labour (DL). (Enter the results as positive numbers. Label each varia ....$ 2.00 2.29 Efficiency variance $ 4,095 U $ 1,800 U of 40.200 units and 8,040 machine hours) 4.29 168,800 le production volume variance. (Enter the results as positive numbers. Label each variand Actual S 8.34 S 345,956 Total manufacturing costs Clear all Check ENG 82 202 86% o HA O Type here to search Moe Garden Supplies makes ground covers to prevent weed growth. During May, the company produced and sold 44,200 rolls and recorded the following cost data: (Click the icon to view the cost data.) Requirements ... Requirement 1. Compute the price and efficiency variances for direct materials and direct labour. Begin by determining the formula for the price variance, then compute the price variances for direct materials (DM) and direct labour (DL). (Enter the results as positive numbers. Label each variance as favourable (F) or unfavourable (U).) Actual price per input unit Standard price per input unit ) x Actual quantity of input Price variance DM 1.00 1.05 ) x = $ 6,825 F ( $ ( $ 136,500 4,620 DL 8.80 9.00 ) x = $ 924 F Next, determine the formula for the efficiency variance, then compute the efficiency variances for direct materials (DM) and direct labour (DL). (Enter the results as positive numbers. Label each variance favourable (F) or unfavourable (U).) ( Actual quantity of input Standard quantity of input) x Standard price per input unit = Efficiency variance DM C 136,500 132,600 ) x $ 1.05 $ 4,095 U DL ( 4,620 4,420 ()X $ 9.00 $ 1,800 U Requirement 2. For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance. (Enter the results as positive numbers. Label each variance as Favoro in Carnavacrobia III Video Help me solve this Get more help - Clear all Check answer 0 O w O 86% ENG 8:49 PM 2021-11-17 Type here to search Requirements Moe Garden Supplies Computation of Overhead Variances Total overhead variance: 168,800 Actual overhead cost 189,618 Standard overhead allocated to production 358,418 F Total overhead variance Overhead flexible budget variance: 168,800 Actual overhead cost Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance- Help me solve this Video Get more help Moe Garden Supplies makes ground covers to prevent weed growth. Dui B (Click the icon to view the cost data.) Requirements Standard overhead allocated to production 189,618 Total overhead variance 358,418 F Overhead flexible budget variance: Actual overhead cost 168,800 Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance: Flexible budget overhead for actual outputs Standard overhead allocated to production Production volume variance Help me solve this Video Get more help Type here to search