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please explain how to solve this EEE 211 AaBbCcDdEe AaBbccdee No Spacing AaBbCcDc AaBb CcDdEt Aa Heading 1 Heading 2 Normal Bullseye Company manufactures dartboards.
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EEE 211 AaBbCcDdEe AaBbccdee No Spacing AaBbCcDc AaBb CcDdEt Aa Heading 1 Heading 2 Normal Bullseye Company manufactures dartboards. Its standard cost information follows: ft Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($87,500 + 250,000 units) Standard Standard Price Standard Unit Quantity (Rate) Cost 2.50 sq.ft. $ 2.80 per sq. $ 1 hrs. $ 16.00 per hr. 16.00 1 hrs. $ 0.40 per hr. 0.40 0.35 Bullseye has the following actual results for the month of September: Number of units produced and sold 230,000 Number of square feet of corkboard used 550,000 Cost of corkboard used $1,485,000 Number of labor hours worked 238,000 Direct labor cost $3,593,800 Variable overhead cost $ 93,000 Fixed overhead cost $ 69,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. Calculate the direct materials price, quantity, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (l.e., zero variance).) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance).) Focu Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance).) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero 4. variance)) Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance MacBook Pro Step by Step Solution
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