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please help with parts 5 (5.01,5.02,5.03,5.04) ,6 &7 please!! Special order lamps are manufactured in division S. Because of the precise nature of the process
please help with parts 5 (5.01,5.02,5.03,5.04) ,6 &7 please!!
Special order lamps are manufactured in division S. Because of the precise nature of the process a standard cost system has been developed. The following standards are used for the special orders: Fixed overhead is based on expected production of 4,008 customized lamps each month. To keep records of the actual cost of a job, a Job Order Cost System has been developed. Entries are made to the Job Order System at actual cost (overhead is applied based on actual labor hours) while entries are made to the accounting system at standard. Variance analysis is used to analyze the differences. Note: Show favorable variances as negative numbers What was the total material price variance for the Lamp Kits purchased? What was the material usage variance for Lamp Kits? What was the direct labor efficiency variance? What was the direct labor rate variance? Note: Show favorable varlances as negative numbers What was the variable overhead efficiency variance? What was the variable OH spending variance? What is the fixed OH volume (denominator) variance? What is the foxed OH spending variance? Big Al gives his woikers a one hour lunch and two fifteen minute bouks each day. He believes that a cold soda machine would be appreclated by his woikers. and an appreclated worker is a good worker. He has priced a machine at a national member only warehouse for $1.950. The machine should be usable for 5 years, after which if would be inefficient, obsolete and would have to be disposcd of at the dump. Big A believes that 8 cans a day will be purchased. The plant is open five days a week, 50 weeks peryear, A case of soda (24 cans) costs 55.76 and big A believes that a pd ce of 5.65 per can would win him good will. Vohat is that eal What is the confihuatinn mamin nar can of sodari imounded to two olaces. 35. How many cane of anda muset ha enid aarh vaar to bmakeven? (Round ub to zero olaces. Ites. Ithst cans] Annyal incremental eaeh inflows from the soda machine? frounded to twe olaces. 5t arm What is the pay Step by Step Solution
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