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Hawthom ting manufactures embroidered jackets The company uses a standard cont system to control manufacturing costs. The following data represent the standard unit cost of a jacket (Click the icon to view the cost data) Red the grements Requirement 1. Compute the price and quantity variances for direct materials (Enter the various Begin by determining the formula for the price variance, then compute the price variance for direct mai Data Table Requirements Now deter Requirem Determine Autole 1 Compute the price and quantity variances for direct materials 2 Compute the rate and efficiency variances for direct labot 3 Compute the rate and efficiency vanances for variable overhead 4. Compute the faced overhead budget variance and the famed overhead volume Varance Company management intentionally purchased superior materials for November production How did this decision affect the other cost viances? Ove was the decision is? Explain 6. Journalize the usage of direct materials and the assignment of direct labor including the med variances Direct materials (30 sqft $3.95 per sq ft) 5 11.85 Direct labor (2.0 hours 50 20 per hour) 18 40 Manufacturing overhead Variable 2.0 hours $0,50 per hour) $ 1.20 Fred 20 hours $2.30 per hour) 4.60 5.80 53605 Total standard cost per acket Fixed overed in total was budgeted to be 563.800 for each month Actui data for November of the current year include the following Actual production was 13,800 jackets b. Actual direct materials used was 250 square foot per jacket at an actual cost of $10 per square foot (Assun the direct materials purchased the same as the direct materials used Actual direct laber usage of 25.400 hours for a total cost of $238.760 d. Actual fred overhead cost was 550,202, while actual Vanable overhead cost was $20 320 Determine Print Done Requirem Dermine the form for mere vanace, then compute the variable mandacturing overhead role Print Done Determine the formula for the secvancethe compute the variatie overhead licenc variance Valve Chorobom any lot or enter any bet the input de and the contine to the next ston Hawthorn Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufactunng costs. The Click the icon to view the cost data.) Read the requirements Requirement 1. Compute the price and quantity variances for direct materials. (Enter the variances as positive numbers Enter currency Begin by determining the formula for the price variance, then compute the price variance for direct materials DM price variance Now determine the formula for the quantity variance and compute the quantity variance for direct materials DM quantity variance Requirement 2. Compute the rate and efficiency variances for direct labor. (Enter the variances as positive numbers. Enter currency amounts Determine the formula for the rate variance, then compute the rate variance for direct labor. DL rate variance Determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance Requirement 3. Compute the rate and efficiency variances for variable overhead (Enter the variances as positive numbers. Enter currency amour Determine the found for the rate variance, the compute the variable manufacturing overhead rate variance Variable overhead tate variance Determine the formula for the officiency variance, then compute the variable overhead efficiency variance Choon trom any lot or let any number in the input fields and then continue to the next question Variable overhead HD 1080 Hauthor Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufacturing costs. The Click the icon to view the cost data) Read the scents Determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance 2 Requirement 3. Compute the rate and efficiency varices for variable overhead (Enter the variances as positive numbers. Enter currency Determine the formula for the wide variance, the compute the variable manufacturing overhead rate variance, Variable overhead rate variance Determine the form for the efficiency vanance, the compute the variable overhead efficiency variance Variable overhead efficiency vantance Requirement Compute the fred ovadbadge vanance and the fandoverhead volume variance Enter the raices positive numbers Derometom for the food vedevance, the compute the budget variance for food overhead Fixed MOH budget anane MOH Maston Clothing manticores embroidered jackets. The company uses a standard cost system to control mandating costs. The following data present Requirement 4. Computer and overhead vanarce and the federation was the ances positive De Theomorfoed hot body, the competence for Find MOH FM Corydobroduction How did the deconectat com Duda 3 9 Hawthom Cathing actus embroidered jackets. The company and cost system to contigo. The following the standard cont of jacket Click then to view the conta Requirements Company management intention pached to be production How decisionalect the cost ares? Oval, was the decisione? Exam The fact variances more than offset the two e the superpuched for the Neproduction decreased Requirement 6. Joanalize the age of Greas and the mentol dir concluding the late was conferendis Escuderom First, the purchase at det man, including the once Accounts Dahit Credit Jums the direct the , latetra Accounts Dett Credit Sumber.com dinheiro Ricardo mal Entry Dute Read the resements Requirement 6. Joumalize the usage of direct materials and the assignment of direct labor, including the related variances First, jumalize the purchase of direct materials, including the related variance. Journal Entry Accounts Debit Credit Journalize the usage of direct materials, including the related variance. Journal Entry Accounts Debit Credit Journize the debe contencluding the advance Record both direct labor varances by preparing a single compound Journal Entry Date Acco Debit Credit Owne putand then con to the next question e Hawthom ting manufactures embroidered jackets The company uses a standard cont system to control manufacturing costs. The following data represent the standard unit cost of a jacket (Click the icon to view the cost data) Red the grements Requirement 1. Compute the price and quantity variances for direct materials (Enter the various Begin by determining the formula for the price variance, then compute the price variance for direct mai Data Table Requirements Now deter Requirem Determine Autole 1 Compute the price and quantity variances for direct materials 2 Compute the rate and efficiency variances for direct labot 3 Compute the rate and efficiency vanances for variable overhead 4. Compute the faced overhead budget variance and the famed overhead volume Varance Company management intentionally purchased superior materials for November production How did this decision affect the other cost viances? Ove was the decision is? Explain 6. Journalize the usage of direct materials and the assignment of direct labor including the med variances Direct materials (30 sqft $3.95 per sq ft) 5 11.85 Direct labor (2.0 hours 50 20 per hour) 18 40 Manufacturing overhead Variable 2.0 hours $0,50 per hour) $ 1.20 Fred 20 hours $2.30 per hour) 4.60 5.80 53605 Total standard cost per acket Fixed overed in total was budgeted to be 563.800 for each month Actui data for November of the current year include the following Actual production was 13,800 jackets b. Actual direct materials used was 250 square foot per jacket at an actual cost of $10 per square foot (Assun the direct materials purchased the same as the direct materials used Actual direct laber usage of 25.400 hours for a total cost of $238.760 d. Actual fred overhead cost was 550,202, while actual Vanable overhead cost was $20 320 Determine Print Done Requirem Dermine the form for mere vanace, then compute the variable mandacturing overhead role Print Done Determine the formula for the secvancethe compute the variatie overhead licenc variance Valve Chorobom any lot or enter any bet the input de and the contine to the next ston Hawthorn Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufactunng costs. The Click the icon to view the cost data.) Read the requirements Requirement 1. Compute the price and quantity variances for direct materials. (Enter the variances as positive numbers Enter currency Begin by determining the formula for the price variance, then compute the price variance for direct materials DM price variance Now determine the formula for the quantity variance and compute the quantity variance for direct materials DM quantity variance Requirement 2. Compute the rate and efficiency variances for direct labor. (Enter the variances as positive numbers. Enter currency amounts Determine the formula for the rate variance, then compute the rate variance for direct labor. DL rate variance Determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance Requirement 3. Compute the rate and efficiency variances for variable overhead (Enter the variances as positive numbers. Enter currency amour Determine the found for the rate variance, the compute the variable manufacturing overhead rate variance Variable overhead tate variance Determine the formula for the officiency variance, then compute the variable overhead efficiency variance Choon trom any lot or let any number in the input fields and then continue to the next question Variable overhead HD 1080 Hauthor Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufacturing costs. The Click the icon to view the cost data) Read the scents Determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance 2 Requirement 3. Compute the rate and efficiency varices for variable overhead (Enter the variances as positive numbers. Enter currency Determine the formula for the wide variance, the compute the variable manufacturing overhead rate variance, Variable overhead rate variance Determine the form for the efficiency vanance, the compute the variable overhead efficiency variance Variable overhead efficiency vantance Requirement Compute the fred ovadbadge vanance and the fandoverhead volume variance Enter the raices positive numbers Derometom for the food vedevance, the compute the budget variance for food overhead Fixed MOH budget anane MOH Maston Clothing manticores embroidered jackets. The company uses a standard cost system to control mandating costs. The following data present Requirement 4. Computer and overhead vanarce and the federation was the ances positive De Theomorfoed hot body, the competence for Find MOH FM Corydobroduction How did the deconectat com Duda 3 9 Hawthom Cathing actus embroidered jackets. The company and cost system to contigo. The following the standard cont of jacket Click then to view the conta Requirements Company management intention pached to be production How decisionalect the cost ares? Oval, was the decisione? Exam The fact variances more than offset the two e the superpuched for the Neproduction decreased Requirement 6. Joanalize the age of Greas and the mentol dir concluding the late was conferendis Escuderom First, the purchase at det man, including the once Accounts Dahit Credit Jums the direct the , latetra Accounts Dett Credit Sumber.com dinheiro Ricardo mal Entry Dute Read the resements Requirement 6. Joumalize the usage of direct materials and the assignment of direct labor, including the related variances First, jumalize the purchase of direct materials, including the related variance. Journal Entry Accounts Debit Credit Journalize the usage of direct materials, including the related variance. Journal Entry Accounts Debit Credit Journize the debe contencluding the advance Record both direct labor varances by preparing a single compound Journal Entry Date Acco Debit Credit Owne putand then con to the next question e