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please show work and be clear on what your answer and put the answers in bold thank you. Chicago Frame, Inc. produces several different styles
please show work and be clear on what your answer and put the answers in bold thank you.
Chicago Frame, Inc. produces several different styles and sizes of picture frames. The collage frame consists of 12 interconnected matted picture slots, each Surrounded by a wood frame Engineering studies indicate that each collage frame will require the following direct materials and direct labor Click on the icon to view the direct materials and direct labor costs) The following activity regarding (Click on the icon to view the Read the requirements Data Table -X Fi frame (Enter your answers to the nearest CSX XX) Requrements Materials and Labor Wood trim for frameborders. Mattws for individual pictures Sheet glass top Pressboard frame backing Direct labor Quantity of Input 19 feet 15 mattes 9 Soul 1 feet 01 hours Price of Input 50.39 pet foot So od per matte $3.50 per square foot 50 24 per square foot $13 per hour 1 Calculate the standard direct materials cost and standard direct labor cost for each collage frame 2. Calculate the wood trim direct material price and quantity wiances for the month of March 3 Calculate the direct laborate and efficiency variances for the month of Much Print Done Print Done Data Table - X sance Duti Number of frames produced ....20.000 frames Wood tim purchased 300.000 feet $0.45 petool Wood trim 35.000 Diwabor hours 2.600 hours Durclabor cu $33.150 wage of 12.75" *53.150-2.000 12.75 Red Enter the currency amounts in the hum to the Be e for director Pru vance Chod Chicago Fram, ne produce several different styles and sizes of picture frames. The collage me consists of 12 interconnected matted pictures, each aurrounded by a wood Engineering studies indicate that each collage frame will require the following direct materials and direct labor Click on the con to view the direct materials and direct labor costs) The following activity garding direct labor and wood boc Click on the icon to view the March data) Read the warmers Da Table X frame rouwen to the near SX XX) Requirements Quantity of Input 19. foet Materials and Labor Wood trim for me borders Mates to individual pictures She glass top Pressboard frame backing Chectabor Price of Input 50 per tot $0.08 per me $350 person 50 24 orefoot $13 hour 1 set 0 1 hour 1 Calculate the standard direct materials cost and standard direct labor cost for each collage frame 2. Calculate the wood trim direct material price and quantityviances for the month of March 1 Calculate the direct laborate and efficiency ances for the month of March Done Print Done F and then Yound the fina med...20 000 Woodrum 30 000 DO 2000 Real Done BUDI View the direct materials and direct labor costs.) LINUS HUULLO (CI Read the per Frame Requirement 1. Calculate the standard direct materials cost and standard direct labor cost for each collage frame. (Enter your answers to the nearest cent, SXXX) Standard Cost Materials and Labor: Wood trim for frameborders Mattes for individual pictures Sheet glass top Pressboard frame backing Direct material cost per unit Direct labor Requirement 2. Calculate the wood trim direct materials price and quantity vanances for the month of March (Enter the variances as positive numbers. Enter currency amounts in untavorable (U) Abbreviations used DM - Direct materials First determine the formula for the price variance, then compute the price variance for the wood trim direct materials DM price variance Determine the formula for the quantity variance, then compute the quantity variance for the wood trim direct materials DM quantity variance Requirement 3. Calculate the direct labor rate and efficiency vanances for the month of March (Enter the vanances As positive numbers Enter the currency amounts in the formulas lo Antiations used DL Direct labor) Begin with the direct laborate variance First determine the formula for the rate variance, then compute the mate variance for direct labor DL te vatance Choose from any liat or enter any number in the input fields and then continue to the next question Chicago Frame, Inc. produced several different styles and sizes of picture frames. The collage frame consists of 12 interconnected matted picture slots, each surrounded by a wood trame Engineering studies indicate that each collage frame will require the following direct materials and direct labor Click on the icon to view the direct materials and direct labor costs.) The following Click on Read the Mattes for individual pictures Sheet glass lop Pressbowd frame backing Direct material cost per unit Direct labor Requirement 2. Calculate the wood trim direct materials price and quantity vanances for the month of March Enter the variances as positive rule Enter currency amounts in the for U) Abbreviations used DM Direct matanals) First dame the formula for the price variance, the compute the mice variance for the wood trim direct mais 1 DM price and * Determine the formula for the quantity variance, then compute the quantity variance for the wood trim direct materiais > Musly Vance x + Requirement 3. Calculate the directorate and efficiency are for the month of MarchEnter the vananes pone numbers Enter the currency amounts in the formulas Alions used Director) Begin with the direct laborate andmine the form for the inte variance, the computer the rate vanance for direct labor Dance Now.com the direct toefficiency and First determine the formula fortwolliciency, the compute the efficiency wance for direct to DL licency Choose from any oto enter any number is the input folds and then continue to the next quanto Step by Step Solution
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