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Please I need R through Z as soon as possible! Given Info for last names starting with: Standard Direct materials: Standard Direct labor: A thru
Please I need R through Z as soon as possible!
Given Info for last names starting with: Standard Direct materials: Standard Direct labor: A thru H 4 pounds @ $10/1b. = $40 2 hours @ $13/hour = I thru Q R thru z 6 ounces @ 5 pounds @ $10/1b. $0.50/ounce = $3 = $50 0.6 hours @ 4 hours @ $30/hour = $18 $16/hour = $64 0.6 hours @ 4 hours @ $7/hour $10/hour = $6 = $28 $26 2 hours @ $9/hour = $18 $84 $27 $142 29,000 units 2,500 units 25,000 units Standard Variable overhead: Total Standard cost per unit Planning budget based on producing & selling Actual production & sales Actual Direct materials purchased & used Actual Direct labor hours worked Actual variable manufacturing overhead 34,000 units 160,000 pounds @ $8.50/pound 59,000 hours @ $14/hour 2.000 units 24,600 units 18,000 ounces @ 164,000 pounds @ $0.60/oz $7.50/pound 1,100 hours @ 57,000 hours @ $30.50/hour $17/hour $564,040 $12,980 $653,220 Questions: 1. What is the materials price variance? 2. What is the materials quantity variance? 3. What is the difference between a planning budget and a flexible budget? What is the purpose of a budget Step by Step Solution
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