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please answer all required parts s doorknobs. DDC uses two direct-cost pC allocales manulacturing overthead to Colden Jones is a cost accountant and butinoss analyst
please answer all required parts
s doorknobs. DDC uses two direct-cost pC allocales manulacturing overthead to Colden Jones is a cost accountant and butinoss analyst for Darby Dosign Company (DDC), which manutactures expensive brass doonenobs. DDC uses wo divect-cost categories: diract materials and direct manufacturing labor, Jones feels that manutacturing overhead is most dosely related to material usage. Therefore, DDC allocates manufacturng overhead to production bused upon pounds of materials used. Requirement 1. For the month of Aperi, compute the variances, indicating whether each is favorable (F) or unfavorable (U). Belore computing the variances complete the tables below Begin by completing the table for drect materials. Actual Input Qty, = Budgeted a. Direct matensls price variance (based on purchases) is b. The direct materials efficency varianoe is Now complete the table for drect labor 8. The variable manutacturing overtesd spending variance is 1. The variatle manulacturing ovetiead efciency varanoe is Complete the table for foxed overhesd. h. The fasd mardifeturng ortitead aperding viriance is Pequirement 2. Can Jones use any of the varances to heph explain any of ton ofer varancest ove sratcles. vaiabie owehess effolency variance The Burchase of this quality of brase mey siso explein wity it best lasor time is profuce the doonnoes than espeded tre deect later estidency retance) Finaly, the epperenoed than sepected which could alio to reated to the divect materal und dreci iabur efficiency varanges Step by Step Solution
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