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et he a Soes Sa This Question: 6 pts OIsSod cid MicroWorld is the market leader in the Secure Digital (SD) card industry and sells memory cards for use in portable devices such as mobile phones, tablets, and digital cameras. Its most popular card is the Mini SD, which it sells through outlets such as Target and Walmart for an average selling price of $7. MicroDisk has a standard monthly production level of 419,000 Mini SDs in its Taiwan facility. The standard input quantities and prices for direct-cost inputs are as follows (Click the icon to view the standards) (Click the icon to view aditional information) Read the requirements Requirement 1. Calculate the selling-price variance. (Round intermediary calculations to the nearest cent Label each variance as favorable (F) or unfavorable (U) For variances with a $0 balance, make sure to enter "Or in the appropriate field. If the variance is zero, do not select a label) Selling price variance Comment on the seling price varance and provide potential reasons why it might have arisen (Seled all that apply) DA. The selling price variance may arse trom an unplanned price discounting by salespeople B. The selling price variance may anse trom a from a reaction to a price increase by a competitor Oc. The selling price variance may arise trom a from a reaction to a price reduction by a competitor D. The selling price variance may arise from an unplanned price increase by salespeople DE The selling price variance may arise from a proactive decision to reduce price to expand market share. Requirements 2 and 3. Calculate the direct materials price variance and the direct materials efficiency variance for each category of materials. (Do not round intermediary calculations Round the amount you enter into the input cell to the nearest whole dollar Label each variance as favorable (F) or unfavorable (U) For variances with a $0 balance, make sure to enter " in the appropriate field. If the variance is zero, do not select a label) Price Efficiency Variance Variance June 2017 Speciality polymer Connector pins WFi transreceiver Requirements 4 and 5. Calculate the direct manufacturing labor price variance and the direct manufacturing labor efficiency variance for setup and fabrication (Do not round intermediary calculations. Round the amount you enter into the input cell to the nearest whole dollar. For variances with a $0 balance, make sure to enter in the appropriate feld. If the variance is zero, do nol select a label.) Efficiency Price Variance Variance June 2017 I Setup Fabrication Comment on the variances and provide potential reasons why they might have arisen, with particular attention to the variances that may be related to one another First comment on the materials price variance and provide potential reasons why it might have arisen. (Select all that apply) This could result from arise from uncontrollable market DA. The price variance for the speciality polymer is due to the decrease in the price of speciality polymer factors or from skiliful contract negotiations by MicroWorld The price variance for the Wi-Fi transreceivers is due to the decrease in the price per Wi-Fi transreceiver market factors or from skilttul contract negobialions by McroWorld This could arise from arise from uncontrollable B. This could arise from uncontrollatie market factors or C. The price variance for the speciality polymer is due to the increase in the price of speciality polymer. trom poor contract negotiations by MicroWorld D. The price variance for connector pins is due to the decrease in the price per connector pin Ths could arse trom arse from uncontrollable market factors or from skltul contract negotialions by MicroWorld This could arise from uncontrollable market factors E. The price variance for the W-Fi transreceivers is due to increase in the price per W-Fi transreceiver. or trom poor contract negotations by MicroWorld F. The price varance for connector pins is due to the increase in the price per connector pin. This could arise from uncontrolable market factors or from poor nAint enetrart nannianne h Chonea m an liet antar anu nmhar in tha innua fialde and then continse to the naxt nRstion Comment on the materials efficiency variance, (Select all that apply) A. For connector pins the usage is less than budgeted. This results in an unfavoratle efficiency variance For W-Fi transreceivers and speciality polymer tn usage is greater than budgeted. This results in favorable efficiency variances B. For connector pins the usage is greater than budgeted. This results ina favorable efficiency variance. For W-Fitranoreceivers and speciality polymer the usage is less than budgeted This resuls in unfavoratle efficlency variances C. For all three material inputs, usage is greater than budgeted. This results in unfavorable efficiency variances D. For all three material inputs, usage is less than budgeted This results in favoratle efficiency viriances Provide potential reasons why the materials efficiency variance might have arisen. (Seled all that apply) The potential reasons for the variance include the falilowing A. use of higher-quality workers (this is refected in the labor price variances) B. the setup and fabrication equipment not being maintained in a fully operational mode C. use of lower-quality workers (although this is not reflectded in the labor price variances) D. lower-quality inputs E. higher-quality inputs OF. the setup and fabrication equipment being maintained in exception condition Comment on the labor price variance and provide potential reasons why t might have arsen with particular attention to the variances that may be related to one another (Selecdt all that apply) A. There is a favorable price variance for fatrication as a result of the lower wage per hour paid for that labor B. There is an unfavorable price variance for fabrication as a result of the higher wage per hour paid for that labor Comment on the labor price variance and provide potential reasons why it might have arisen with particular attention to the variances that may be related to one another. (Select all that apply) A. There is a tavorable price variance for fabrication as a result of the lower wage per hour paid for that labor B. There is an unfavorable price variance for tfabrication as a result of the higher wage per hour paid for that labor C. The lower labor quality for setup could explain the efficiency variance for fabrication labor D. There is a tavorable price variance for setup as a result of the lower wage per hour paid for that labor DE. The lower labor quality for tabrication could explain the efficiency variance for tabrication labor F. The higher labor quality for fabrication could explain the efficiency variance for fabrication labor OG. There is an untavorable price variance for setup as a result of the higher wage per hour paid for that labor Comment on the labor efficiency variance and provide potential reasons why it might have arisen with particular attention to the variances that may be related to one another (Select all that apply) A. There is a tavorable efficiency variance for fabrication, which could resuit from workers ad ng value-added steps in production B. There is an untavorable efficiency variance for fabrication, which could result from workers elminating non-value-added steps in production C. There is a tavorable efficiency variance for setup, which could result from workers eliminating non-value-added steps in production D. There is a favorable efficiency variance for fabrication, which could result from workers eliminating non-value-added steps in production E. There is an unfavorable efficiency variance for fabrication, which could result from workers adding value-added steps in production F. There is an unfavorable efficiency variance for setup, which could result from workers eliminating non-value-added steps in production. X More Info - X Data Table Pam Krat, the CEO, is disappointed with the results for June 2017, especially in comparison to her expectations based on the standard cost data Standard Quantity per Performance Report, June 2017 Mini SD card Unit Costs Cost hem Actual Budget Variance Deect materials 462,000 419,000 43,000 F Output units S 0.06 mm 14 mm Speciality polymer $ 208,600 F 3,141,600 Revenues S 2,933,000 15 units S 020 Aunt Connector pins 2,313,660 1,902,260 Direct materials 411,400 U 070 Aunit W-FIansrecever 1 unit Direct manufacturing labor 583,067 544 700 38.367 U Krat obeerves that despte the signiticant increase in the output of Mini SDs in June, the products contribution to the company's proitability has been lower than expeded She gathers the tolowing information to help analyze the stuation Direct manufacturing labor 18 h Setup 30 h Input Usage Report June 2017 min Fabrication Actual Costs Quantity Cost tem Print Done Deect materials 421,560 Speciality polymer 7,026 000 m 1,563, 100 7.105,000 unts Connector pins 329 000 appropi abor eficiency variance for sehp and tabrication (De not round intemediary calculaions Round the amount 470,000 units .ansrecever Drect manufachuring labor 137,700 459 000 min Sehp 445,367 862 000 min Fabrication Print Done eson to the vaniances that may be relaled to one anohe et he a Soes Sa This Question: 6 pts OIsSod cid MicroWorld is the market leader in the Secure Digital (SD) card industry and sells memory cards for use in portable devices such as mobile phones, tablets, and digital cameras. Its most popular card is the Mini SD, which it sells through outlets such as Target and Walmart for an average selling price of $7. MicroDisk has a standard monthly production level of 419,000 Mini SDs in its Taiwan facility. The standard input quantities and prices for direct-cost inputs are as follows (Click the icon to view the standards) (Click the icon to view aditional information) Read the requirements Requirement 1. Calculate the selling-price variance. (Round intermediary calculations to the nearest cent Label each variance as favorable (F) or unfavorable (U) For variances with a $0 balance, make sure to enter "Or in the appropriate field. If the variance is zero, do not select a label) Selling price variance Comment on the seling price varance and provide potential reasons why it might have arisen (Seled all that apply) DA. The selling price variance may arse trom an unplanned price discounting by salespeople B. The selling price variance may anse trom a from a reaction to a price increase by a competitor Oc. The selling price variance may arise trom a from a reaction to a price reduction by a competitor D. The selling price variance may arise from an unplanned price increase by salespeople DE The selling price variance may arise from a proactive decision to reduce price to expand market share. Requirements 2 and 3. Calculate the direct materials price variance and the direct materials efficiency variance for each category of materials. (Do not round intermediary calculations Round the amount you enter into the input cell to the nearest whole dollar Label each variance as favorable (F) or unfavorable (U) For variances with a $0 balance, make sure to enter " in the appropriate field. If the variance is zero, do not select a label) Price Efficiency Variance Variance June 2017 Speciality polymer Connector pins WFi transreceiver Requirements 4 and 5. Calculate the direct manufacturing labor price variance and the direct manufacturing labor efficiency variance for setup and fabrication (Do not round intermediary calculations. Round the amount you enter into the input cell to the nearest whole dollar. For variances with a $0 balance, make sure to enter in the appropriate feld. If the variance is zero, do nol select a label.) Efficiency Price Variance Variance June 2017 I Setup Fabrication Comment on the variances and provide potential reasons why they might have arisen, with particular attention to the variances that may be related to one another First comment on the materials price variance and provide potential reasons why it might have arisen. (Select all that apply) This could result from arise from uncontrollable market DA. The price variance for the speciality polymer is due to the decrease in the price of speciality polymer factors or from skiliful contract negotiations by MicroWorld The price variance for the Wi-Fi transreceivers is due to the decrease in the price per Wi-Fi transreceiver market factors or from skilttul contract negobialions by McroWorld This could arise from arise from uncontrollable B. This could arise from uncontrollatie market factors or C. The price variance for the speciality polymer is due to the increase in the price of speciality polymer. trom poor contract negotiations by MicroWorld D. The price variance for connector pins is due to the decrease in the price per connector pin Ths could arse trom arse from uncontrollable market factors or from skltul contract negotialions by MicroWorld This could arise from uncontrollable market factors E. The price variance for the W-Fi transreceivers is due to increase in the price per W-Fi transreceiver. or trom poor contract negotations by MicroWorld F. The price varance for connector pins is due to the increase in the price per connector pin. This could arise from uncontrolable market factors or from poor nAint enetrart nannianne h Chonea m an liet antar anu nmhar in tha innua fialde and then continse to the naxt nRstion Comment on the materials efficiency variance, (Select all that apply) A. For connector pins the usage is less than budgeted. This results in an unfavoratle efficiency variance For W-Fi transreceivers and speciality polymer tn usage is greater than budgeted. This results in favorable efficiency variances B. For connector pins the usage is greater than budgeted. This results ina favorable efficiency variance. For W-Fitranoreceivers and speciality polymer the usage is less than budgeted This resuls in unfavoratle efficlency variances C. For all three material inputs, usage is greater than budgeted. This results in unfavorable efficiency variances D. For all three material inputs, usage is less than budgeted This results in favoratle efficiency viriances Provide potential reasons why the materials efficiency variance might have arisen. (Seled all that apply) The potential reasons for the variance include the falilowing A. use of higher-quality workers (this is refected in the labor price variances) B. the setup and fabrication equipment not being maintained in a fully operational mode C. use of lower-quality workers (although this is not reflectded in the labor price variances) D. lower-quality inputs E. higher-quality inputs OF. the setup and fabrication equipment being maintained in exception condition Comment on the labor price variance and provide potential reasons why t might have arsen with particular attention to the variances that may be related to one another (Selecdt all that apply) A. There is a favorable price variance for fatrication as a result of the lower wage per hour paid for that labor B. There is an unfavorable price variance for fabrication as a result of the higher wage per hour paid for that labor Comment on the labor price variance and provide potential reasons why it might have arisen with particular attention to the variances that may be related to one another. (Select all that apply) A. There is a tavorable price variance for fabrication as a result of the lower wage per hour paid for that labor B. There is an unfavorable price variance for tfabrication as a result of the higher wage per hour paid for that labor C. The lower labor quality for setup could explain the efficiency variance for fabrication labor D. There is a tavorable price variance for setup as a result of the lower wage per hour paid for that labor DE. The lower labor quality for tabrication could explain the efficiency variance for tabrication labor F. The higher labor quality for fabrication could explain the efficiency variance for fabrication labor OG. There is an untavorable price variance for setup as a result of the higher wage per hour paid for that labor Comment on the labor efficiency variance and provide potential reasons why it might have arisen with particular attention to the variances that may be related to one another (Select all that apply) A. There is a tavorable efficiency variance for fabrication, which could resuit from workers ad ng value-added steps in production B. There is an untavorable efficiency variance for fabrication, which could result from workers elminating non-value-added steps in production C. There is a tavorable efficiency variance for setup, which could result from workers eliminating non-value-added steps in production D. There is a favorable efficiency variance for fabrication, which could result from workers eliminating non-value-added steps in production E. There is an unfavorable efficiency variance for fabrication, which could result from workers adding value-added steps in production F. There is an unfavorable efficiency variance for setup, which could result from workers eliminating non-value-added steps in production. X More Info - X Data Table Pam Krat, the CEO, is disappointed with the results for June 2017, especially in comparison to her expectations based on the standard cost data Standard Quantity per Performance Report, June 2017 Mini SD card Unit Costs Cost hem Actual Budget Variance Deect materials 462,000 419,000 43,000 F Output units S 0.06 mm 14 mm Speciality polymer $ 208,600 F 3,141,600 Revenues S 2,933,000 15 units S 020 Aunt Connector pins 2,313,660 1,902,260 Direct materials 411,400 U 070 Aunit W-FIansrecever 1 unit Direct manufacturing labor 583,067 544 700 38.367 U Krat obeerves that despte the signiticant increase in the output of Mini SDs in June, the products contribution to the company's proitability has been lower than expeded She gathers the tolowing information to help analyze the stuation Direct manufacturing labor 18 h Setup 30 h Input Usage Report June 2017 min Fabrication Actual Costs Quantity Cost tem Print Done Deect materials 421,560 Speciality polymer 7,026 000 m 1,563, 100 7.105,000 unts Connector pins 329 000 appropi abor eficiency variance for sehp and tabrication (De not round intemediary calculaions Round the amount 470,000 units .ansrecever Drect manufachuring labor 137,700 459 000 min Sehp 445,367 862 000 min Fabrication Print Done eson to the vaniances that may be relaled to one anohe

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