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please answer will rate, a-g Cascade Inc. has provided the following information: Standards: Direct materials Direct labor Per unit 7.0 lbs @ $5.50/lb $ 38.50
please answer will rate, a-g
Cascade Inc. has provided the following information: Standards: Direct materials Direct labor Per unit 7.0 lbs @ $5.50/lb $ 38.50 2.5 hours @ $13.0/hour 32.50 4.0 hours 48.00 $12.0/hour 19.00 $138.00 Variable overhead Fixed overhead Total Budgeted production = 4,060 units Actual results Direct materials Direct labor Variable overhead Fixed overhead Units produced 32,300 lbs 14,120 actual hours $187,470 $199,600 $148, 210 $ 78,300 4,600 units a. Calculate the direct materials price variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Price Variance b. Calculate the direct materials quantity variance. (Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Quantity Variance C. Calculate the direct labor rate variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Rate Variance d. Calculate the direct labor efficiency variance. (Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Efficiency Variance e. Calculate the variable overhead rate variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Rate Variance f. Calculate the variable overhead efficiency variance. (Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Efficiency Variance g. Calculate the fixed overhead spending variance. (Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Spending VarianceStep by Step Solution
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