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please answer both quiestions. thanks! #1 #2 Required informetion [The following infomation applios to the questions displayed belosw] Hart Company made 3,020 shelves using 22.020
please answer both quiestions.
Required informetion [The following infomation applios to the questions displayed belosw] Hart Company made 3,020 shelves using 22.020 pounds of wood costing $268.644. The company's direct materals standards for one sheif are 8 pounds of wood at $12 to pes pound. AQ= Actid Quantity $Q= Standard Quartity AP = Actual Price SP = Standard Price 1. Compute the direct materials price and yyantity voriances along with the totol direct materials variance 2. Hart opplies manegement by exception by investigating dilect materiols vanances of more thon 5% of actual decect materials costs Which cirect moletiols vanances will Hart investigote turther? Complete this question by entering your answers in the tabs helow. tivoratile, unfavomatle, of no vaniance.] Complete this question by entering your answers in the tabs below. Compute the direct moterials price and cuantity variances along with the total drect materials variance. (indicate the effect of each vanancie by selecting favorable, unfovorable; or no variance.) 1. Compute the derect materials poce and quantiy voliances olong with zhe toat direct nuteriats variance Which difect materiels variances will Hart investigate further? Complete this question by entering yeer answers in the tabs below. Hart applies manegetinent by exception by wivestigating drect materiah varanges of more than 5s of actual dircet mutenals colas. Which direct materists varunces wil tiut mestionte firther? Trini Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the company's capacity of 68,000 units per quarter. The following additional information is available. During the current quarter, the company operated at 90% of capacity and produced 61,200 units. actual direct labor totaled 238,800 hours. Units produced were assigned the following standard costs. Required: 1. Compute the direct materials variance, including its price and quantity variances, Pequitite. Contriefe this guestion tor encering your answess in the tabs thelow. Pequired: 3. Compotie the ovelycad contioliable and wotume variances. Couruphete thiis quevition by ereterine your arvwers in the tabs below. Required: 1. Compute the direct materials variance, including its price and quantity variances. 2. Compute the direct labor variance, including its rate and efficlency variances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance) Required: 1. Compute the direct materials variance. including its price and quantity variances. 2. Compute the direct labor variance, including its rate and efficiency variances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. Compute the overhead volume variances. Indicate the effect of the variance by selecting favorable, unfavorable, or variance.) thanks!
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