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Please show the formula for each cell. all info is shown ? 11 Basic Variance Analysis and the impact of Variances on Unit Costs -
Please show the formula for each cell. all info is shown
? 11 Basic Variance Analysis and the impact of Variances on Unit Costs - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In FILE HOME INSERT 8 points eBook H B C Print References Calibri - A A %% M Paste Cells BIU- Alignment Number Conditional Formatar Cell Editing Formatting Table Styles Clipboard Font Al Standards for one of Patterson, Inc.'s products is shown below, along with actual D E Standards for one of Patterson, Inc.'s products is shown below, along with actual cost data for the month: 2 3 Direct materials: 4 Standard 2.4 yards $2.75 per yard $6.60 5 Actual 3 yards $2.70 per yard $8.10 6 Direct labor: 7 Standard 0.6 hours $18.00 per hour 10.80 S Actual 0.5 hours $22.00 per hour 11.00 9 Variable overhead: 10 Standard 0.6 hours $7.00 per hour 4.20 11 Actual 0.5 hours $7.10 per hour 3.55 12 13 Total cost per unit $21.60 $22.65 14 15 Excess of actual cost over standard cost per unit $1.05 16 17 Actual production for the month 13,500 units 18 Variable overhead is assigned to products based on direct labor hours. There 19 was no beginning or ending inventory of materials for the month 21 Using formulas, compute the following. Input all numbers as positive amounts 11 FILE HOME INSERT Calibel - 11 Basic Variance Analysis and the impact of Variances on Unit Costs - Excel 7 PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in % A Alignment Number Conditional Format as Cell Cells Formatting Table Styles Styles Standards for one of Patterson, Inc.'s products is shown below, along with actual onts Editing Paste BIU Gipboard Font A1 eBook A . B G C D Print 22 Indicate whether the variances are For U. Write if statements for variance cells F30 to F47. Use cell references (formulas) for cells 53-060. Enter an For U to indicate the correct variance in cells F54 to F62 References 24 25 Standard Cost Variance Analysis Direct Materials 26 Standard Quantity Allowed for Actual Output at Standard Price 27 Actual Quantity of input, at Standard Price 28 Actual Quantity of input, at Actual Price 29 30 Materials quantity variance 31 Materials price variance 53 Standard Cost Variance Analysis - Direct Labor 34 Standard Hours Allowed for Actual Output at Standard Rate 35 Actual Hours of Input, at Standard Rate 36 Actual Hours of Input, at Actual Rate 37 38 Labor efficiency variance Labor rate variance 39 40 value ir true or value false 11 ? 5 X Basic Variance Analysis and the Impact of Variances on Unit Costs - Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE INSERT HOME Sign In B points X Calibri -11 A A %6 Cells Editing Paste BIU. A - Alignment Number Conditional Format as Cell Formatting Table Styles- Styles Clipboard Font eBook Al Standards for one of Patterson, Inc.'s products is shown below, along with actua! H . F Print References 47 A B c D E 41 Standard Cost Variance Analysis: Variable Manufacturing Overhead 42 Standard Hours Allowed for Actual Output at Standard Rate 43 Actual Hours of Input, at Standard Rate 44 Actual Hours of Input, at Actual Rate 45 46 Variable overhead efficiency variance Variable overhead rate variance 48 49 Using formulas, compute the amount of the unit cost difference 50 that is traceable to each of the variances computed above. 51 52 Materials: 53 Quantity variance 54 Price variance 55 Labor: 56 Efficiency variance 57 Rate variance 58 Variable overhead: 59 Efficiency variance 60 Rate variance 63 52. Excess of actual over standard cost per unit 63 Step by Step Solution
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