please help me with requirement 2 and 3 ghai is my final attempt and Idk why its wrong. thank you so mich and show me the work
the con low the stic budged Read the res Variance Results 5,800 Budget 500 Variance 700 Budget 0.000 toutus 54.94.000 201.000 34 23000 $14.500 U14717500 Data Table Dina 3630.000 7,200 US$26.400 75.500 F702 000 Dimringer 061700 9.500 601200 70.000 741.000 1.200.000 1.500.000 Find 1 500 000 135.400 3.2.300 1280 300 32.7876005 52043000 Roots 31/75.400 52 700 300 35.100 S44100 Domingo Reg. Comprendre for direct and murg Con the road y formed the sound) Price 000 Standard Quantity Standard Price Standard wita Dired me 12 punde se per pour $100 Direct mandaluring bor 3:30 per hour 5114 During 2017 number of units produced and sold 5.000, at anvragen of 5700 cost of directed w633.00, od on 12,000 per prepond Director hours actually coed were 18.000 per hours directuring bor ww1.700 Add the 31.220.000 There were beginning ording to Done Choose from way it or enterary runder in the put fold and then chok Check The Check Clo ot Garance forong.Com 20 % 5 3 9 4 0 7 6 8 W E R T O Y 1 Bacoli Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for 2017: (Click the icon to view the static budget data.) Variance Results 5,800 Budget 5,800 Variance 700 Budget 6,500 0 U Output units Revenues $ 4,524,000 $261,000 F $4,263,000 $ 514,500 U $ 4,777,500 7,200 U Direct materials Direct manufacturing labor Fixed costs $ 633,600 $ 651,700 1,220,000 75,600 F 79,800 F F $ 626,400 $ 661,200 1,500,000 9,500 280,000 F 0 $ 702,000 741,000 1,500,000 $ 2.943,000 $ 1,834,500 Total costs $ 2,505,300 $ 282,300 E 155,400 F $ 2,787,600 $ $ 1.475,400 $ Operating income $ 2,018,700 $ 543,300 359,100 U Requirement 2. Compute price and efficiency variances for direct materials and direct manufacturing labor. Compute the price and efficiency variances for direct materials. Label each variance as favorable (F) or unfavorable (U). Price variance 1160 Efficiency variance 6300 U F Choose from any list or enter any number in the input fields and then click Check Answer, 1 part remaining Cle Q: 1. Calculate the sales volume variance and flexible-budget variance for operating incor efficiency variances for direct materials and direct manufacturing labor Question Help Standard quantities, standard prices, and standard unit costs follow for direct materials and direct manufacturing labor: (Click the icon to view the data.) Read the requirements. Data Table Standard Quantity Standard Price Standard Unit Cost Direct materials 12 pounds $9 per pound $108 Direct manufacturing labor 3.8 hours $30 per hour $114 During 2017, actual number of units produced and sold was 5,800, at an average selling price of $780. Actual cost of direct materials used was $633,600, based on 72,000 pounds purchased at $8.80 per pound. Direct manufacturing labor-hours actually used were 19,000, at the rate of $34.30 per hour. As a result, actual direct manufacturing labor costs were $651,700. Actual fixed costs were $1,220,000. There were no beginning or ending inventories Print Done Clear All Final Check come 2. Compute price and PW
