part 1

part 2

part 3

part 4

A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and cost 5 pounds @ $7 per pound 3 DLH @ $17 per DLH 3 DLH @ $12 per DLM Actual Results 42,400 pounds @ $7.20 per pound 25,800 hours @ $17.50 per hour $ 308, een 8,400 units Compute the (1) direct materials price variance and (2) direct materials quantity variance (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.) AQ - Actual Quantity SQ = Standard Quantity AP = Actual Price SP - Standard Price Actual Cost Standard Cost 0 $ 0 0 A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and cost 5 pounds 25% per pound 3 DLH @ $12 per DLH 3 DLH 512 per DLH Actual Results 42,400 pounds @ $7.20 per pound 25,000 hours @ $17.50 per hour $ 308,000 8,400 units Compute the (1) direct labor rate variance and (2) direct labor efficiency variance (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Standard Cost Actual Cost $ D $ 0 $ 0 Hart Company made 3,180 shelves using 22,180 pounds of wood costing $288.340. The company's direct materials standards for one shelf are 8 pounds of wood at $12.90 per pound AQ-Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price 1. Compute the direct materials price and quantity variances along with the total direct materials variance 2. Hart applies management by exception by investigating direct materiais variances of more than 5% of actual direct materials costs Which direct materials variances will Hart investigate further? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances along with the total direct materiais variance (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Standard Cost Actual Cost 0 5 0 5 $ 5 Required 2 > Hart Company made 3,180 shelves using 22,180 pounds of wood costing $288.340. The company's direct materials standards for one shelf are 8 pounds of wood at $12.90 per pound. AQ = Actual Quantity SQ - Standard Quantity AP = Actual Price SP = Standard Price 1. Compute the direct materials price and quantity variances along with the total direct materials variance 2. Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart Investigate further? Complete this question by entering your answers in the tabs below. Required 1 ygulred2 Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart Investigate further? Which direct materials variances will Hart investigate further?