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please tell me and show your work for how you do for requiremnent 2 and how to find acutal price of input to deduct from

please tell me and show your work for how you do for requiremnent 2 and how to find acutal price of input to deduct from actual quantity of inputs used? please help me and show me your work
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image text in transcribed
Me Renton operates Spotless Enterprises, an auto detailing company with 20 employees. Jacob Henderson has recently been hired by Renton as a controller. Spotless's previous accountant had done very little in the area of variance analysis
but Renton believes that the company could benefit from a greater understanding of his business processes.
Because of the labour-intensive nature of the business, he decides to focus on calculating labour variances. Renton examines
accounting records and establishes some standards for the price and quantity of labour. While Spotless's employees earn a range of hourly wages, they fall into two general categories: skilled labour, with an average wage of $21 per hour, and
unskilled labour, with an averaqe wage of $6 per hour. One standard 8-hour detailina job typically requires a combination of 5 skilled hours and 3 unskilled hours. Actual data from last month, when 610 detailina jobs were completed, are provided
Actual direct labour costs
X
i
More Information
for 610 det
: Ha
ing
Skilled (3,260 hours) $62,918
Unskilled (1,580 hourg) $9,350
Total actual direct labor cost $72,268
Looking over last month's data, Henderson determines that Spotless' labour price
variance was $5,672 favourable, but the labour efficiency variance was $2,910
unfavourable. When Henderson presents his findings to Renton, the latter is
furious. "Do you mean to tell me that my employees wasted $2,910 worth of time
last month? I've had enough. They had better shape up, or else!" Henderson tries
to calm him down, saying that in this case the efficiency variance doesn't
necessarily mean that employees were wasting time. Henderson tells him that he
is going to perform a more detailed analysis and will get back to him with more
information soon.
Requirement 1, What is the budgeted cost of direct labour for 610 detailing jobs?
Select the formula and enter the amounts to calculate the budgeted cost of direct labour for 610 detailing jobs.
Requirement 2. How were the $5,672 favourable price variance and the $2,910 unfavourable labour efficiency variance calculated? What was the company's flexible-budget variance?
Begin by selecting the formula and enter the amounts to calculate the total direct labour price variance. Identify each variance as either favourable (F) or unfavourable (U). (For variances with a SO balance, make sure to enter "O" in the
appropnate field. If the variance is zero, do not select a label, Round all intermediate calculations to four decimal places, X.XXXX, Round your final answers to the nearest whole dollar.)
image text in transcribed
image text in transcribed
We Runon per Spis Erturise detailing company with 20 en Henderson has revertyben Nrw by Rento e comode Sportless previous acceptat s dore very of variance wys but Renton Believes that the company contenuto a greater understanding of a business processes. Because of the labourersive nature of the businesse decides to fous on calculating the variances Renten eines pas cering records and even some standards for dystow Whia Sees ongloyees camarerou of holy was they below general corried abortion were wage of 82t per home wied with verage age of 6 per hour one standard showing typically recortion of Siled us and need hoor. Actual data from a month, when to detailings were completed, we provided Conte contro Bed Requirement. What is the budget coute directeur wij? Select the forma and enter the amount to cheate the budgeted cost of Grect labow to 610 desting Tube Repuestowweh1.tried12.00 horeca Wat the competere ten by seeing the forme deri tani e tre bure way the variances there are a few where even, do not be undone for X. your free here Moe Renton operates Spotless Enteresan toeling company with 20 amplos Jan Henderson has recently been red by Renton as a controler Spis previous accountant had done very in the area of variance but Ronton believes that he company could bereits greater understanding of business proces. Because of the Mourive nature of the business, be decides to focus on calculating libou variant Renton pat counting record and some standard for the price and quantity of labour While Sport employees data rarge of houtwage, they tale here are categories wided bog, we verage age of 521 per hot and unskilled about with an everage wage of 36 per hour. One standard houding typically requires a combination at skifted to send asked hours Adul data from last monts, when 610 desting jobs were completed, we provided con terechos kontora Feed Requirements. What are busted cont of director for detailing? Select the formater het toch budgeted cost el director for 10 ting lequirement. How were the 3.672 table prevarice and 12.00 uurbehow eliciency ice ce? What is the company's feblegere? lepin by selecting reformula and enter the mounts to call the samel Grect price arancelently each variance for two wewe prihr dannet beland Wermediate consta decima pom. X.000. Round your free here Now telefondant enter the course stal ned to my wordy each verandertone Flower Cerverarme what makes were of Hund your into the whole ole Actual direct labour costs More Information or 610 del Skied 0.260 hours) Unakilled (1 580 hour Total chal direct labour cont $ 52,918 0.350 $ 72,200 able to Looking over last month's data Henderson determines that Spoties's labour price variance was $5.672 fevourable, but the labour efficiency variance was $2.910 unfavourable. When Henderson presenta indings to Renton, the latter is Narious. "Do you mean to tell me that my employees wested $2,910 worth of time last montive had enough. They had better shape up. or else Henderson tries to calm him down, saying that in this case the eficiency variance doesn't necessarily mean that employees were waiting time. Henderson felis him that he is going to perform a more detaled analysis and will get back to him with more Information soon ing . price variar ons to o baline, matem Print Done Print Done Now them wers to the westbourney voria eaches the herunter More Renton operates Spotless Enterprises, an auto detailing company we 20 employees. Jacob Henderson has recenty been hired by Renton as a controler Spotless's previous accountant had done very ile in the area of variance analysis but Renton below the company could benefit from all understanding of his business proces. Because of the soutensive nature of the business, he decided to focus on calculating bou varices Rentoncanines per accounting records and establishes sonte standards for the price and quantity of about While Spotless's employees cam a range of hourly wages, they wil into two general categores skilled labour, with an average wage of $21 per hour and united about with an average war of 56 per hour. One standard Show detailing job typically requires a combination of skilled hours and 3 unkled hours Actual data from last month, when to detailing pos were completed are provided Click to tow the Grect bocs Click on the icon for mere information Regured Requirement. What is the budgeted cost of Great tabour for 60 detailing yos? Select the formula and enter the amounts to close the budgeted cost of recibo for 60 detailing Total bodgeted cost direct labour Requirement 2. How were the $5.572 favorable price variance and the $2.910 untevoutable tabour aiciency variance calculated? What was the company's feble budget Vince? Begin by selecting the formula and enter the mounts to calculate the total direct labour price variance. Idently each variance as e favourable (F) er untevourable for variance with a moderater in the propriate if the varios cero, do not selectie Rondelone to ford XXX Round your finalwers to the newest whole Pricewaan Total Now otect the formule ens enter the amount to calculate the lind direct labour ficiency variance. Idently each variance as the tournable har undevourable (U-Vorverare what betano, mature to enter er en the concert to the rear, do not selectabel. Round your favors to the nearest whole dotar) w Actual direct labour costs More Information ula or 610 del of $ 62,918 9,350 HO Sited.200 hour) Unskilled (1.500 hours) Total actual direct labour cost able labo 5 72,268 Looking over last month's data, Henderson determines that Spotless's labour price variance was 55,672 favourable, but the labour efficiency variance was $2,910 unfavourable. When Henderson presents his findings to Renton, the latter is furious. "Do you mean to tell me that my employees wasted $2,910 worth of time last month? ive had enough. They had better shape up, or elsel Henderson tries to calm him down, saying that in this case the efficiency variance doesn't necessarily mean that employees were wasting time. Henderson tells him that he is going to perform a more detailed analysis and will get back to him with more information soon ing 1. rice variar Lions to o balance, make sure Print Done Print Done Moe Renton operates Spotless Enterprises, an auto detailing company with 20 employees. Jacob Henderson has recenty been hired by Renton as but Renton believes that the company could benefit from a greater understanding of his business processes. Because of the labour-intensive nature accounting records and establishes some standards for the price and quantity of labour. While Spotless's employees earn a range of hourly wages, unskilled labour, with an average wage of S6 per hour. One standard 8-hour detailing job typically requires a combination of 5 skilled hours and 3 un Click the icon to view the actual direct labour costs.) (Click on the icon for more information) Required Requirement 1. What is the budgeted cost of direct labour for 610 detailing jobs? Select the formula and enter the amounts to calculate the budgeted cost of direct labour for 610 detailing jobs. Total budgeted cost of direct labour 1: Requirement 2. How were the $5,672 tavourable price variance and the $2,910 unfavourable labour efficiency variance calculated? What was the Begin by selecting the formula and enter the amounts to calculate the total direct labour price variance Identify each variance as either favourable appropriate field. If the variance is zero, do not select a label. Round all intermediate calculations to four decimal places, XXO0oC. Round your final ) Price variance Skilled Unskilled Total Now select the formula and enter the amounts to calculate the total direct labour efficiency variance, identify each variance as either favourable (F) field. If the variance is zero, do not select a tabel. Round your final answers to the nearest whole dollar:) . WI Actual direct labour costs X More Information ula or 610 det of Skilled (3,260 hours) Unskilled (1,580 hours) Total actual direct labour cost $ 62,918 9,350 $ 72,268 6. Hd Looking over last month's data, variance was $5,672 favourable, unfavourable. When Henderson furious. "Do you mean to tell me last month? I've had enough. Th to calm him down, saying that in necessarily mean that employee is going to perform a more detail information soon. fable laboy price variar ulations to ing 1. If Print Done ) We Runon per Spis Erturise detailing company with 20 en Henderson has revertyben Nrw by Rento e comode Sportless previous acceptat s dore very of variance wys but Renton Believes that the company contenuto a greater understanding of a business processes. Because of the labourersive nature of the businesse decides to fous on calculating the variances Renten eines pas cering records and even some standards for dystow Whia Sees ongloyees camarerou of holy was they below general corried abortion were wage of 82t per home wied with verage age of 6 per hour one standard showing typically recortion of Siled us and need hoor. Actual data from a month, when to detailings were completed, we provided Conte contro Bed Requirement. What is the budget coute directeur wij? Select the forma and enter the amount to cheate the budgeted cost of Grect labow to 610 desting Tube Repuestowweh1.tried12.00 horeca Wat the competere ten by seeing the forme deri tani e tre bure way the variances there are a few where even, do not be undone for X. your free here Moe Renton operates Spotless Enteresan toeling company with 20 amplos Jan Henderson has recently been red by Renton as a controler Spis previous accountant had done very in the area of variance but Ronton believes that he company could bereits greater understanding of business proces. Because of the Mourive nature of the business, be decides to focus on calculating libou variant Renton pat counting record and some standard for the price and quantity of labour While Sport employees data rarge of houtwage, they tale here are categories wided bog, we verage age of 521 per hot and unskilled about with an everage wage of 36 per hour. One standard houding typically requires a combination at skifted to send asked hours Adul data from last monts, when 610 desting jobs were completed, we provided con terechos kontora Feed Requirements. What are busted cont of director for detailing? Select the formater het toch budgeted cost el director for 10 ting lequirement. How were the 3.672 table prevarice and 12.00 uurbehow eliciency ice ce? What is the company's feblegere? lepin by selecting reformula and enter the mounts to call the samel Grect price arancelently each variance for two wewe prihr dannet beland Wermediate consta decima pom. X.000. Round your free here Now telefondant enter the course stal ned to my wordy each verandertone Flower Cerverarme what makes were of Hund your into the whole ole Actual direct labour costs More Information or 610 del Skied 0.260 hours) Unakilled (1 580 hour Total chal direct labour cont $ 52,918 0.350 $ 72,200 able to Looking over last month's data Henderson determines that Spoties's labour price variance was $5.672 fevourable, but the labour efficiency variance was $2.910 unfavourable. When Henderson presenta indings to Renton, the latter is Narious. "Do you mean to tell me that my employees wested $2,910 worth of time last montive had enough. They had better shape up. or else Henderson tries to calm him down, saying that in this case the eficiency variance doesn't necessarily mean that employees were waiting time. Henderson felis him that he is going to perform a more detaled analysis and will get back to him with more Information soon ing . price variar ons to o baline, matem Print Done Print Done Now them wers to the westbourney voria eaches the herunter More Renton operates Spotless Enterprises, an auto detailing company we 20 employees. Jacob Henderson has recenty been hired by Renton as a controler Spotless's previous accountant had done very ile in the area of variance analysis but Renton below the company could benefit from all understanding of his business proces. Because of the soutensive nature of the business, he decided to focus on calculating bou varices Rentoncanines per accounting records and establishes sonte standards for the price and quantity of about While Spotless's employees cam a range of hourly wages, they wil into two general categores skilled labour, with an average wage of $21 per hour and united about with an average war of 56 per hour. One standard Show detailing job typically requires a combination of skilled hours and 3 unkled hours Actual data from last month, when to detailing pos were completed are provided Click to tow the Grect bocs Click on the icon for mere information Regured Requirement. What is the budgeted cost of Great tabour for 60 detailing yos? Select the formula and enter the amounts to close the budgeted cost of recibo for 60 detailing Total bodgeted cost direct labour Requirement 2. How were the $5.572 favorable price variance and the $2.910 untevoutable tabour aiciency variance calculated? What was the company's feble budget Vince? Begin by selecting the formula and enter the mounts to calculate the total direct labour price variance. Idently each variance as e favourable (F) er untevourable for variance with a moderater in the propriate if the varios cero, do not selectie Rondelone to ford XXX Round your finalwers to the newest whole Pricewaan Total Now otect the formule ens enter the amount to calculate the lind direct labour ficiency variance. Idently each variance as the tournable har undevourable (U-Vorverare what betano, mature to enter er en the concert to the rear, do not selectabel. Round your favors to the nearest whole dotar) w Actual direct labour costs More Information ula or 610 del of $ 62,918 9,350 HO Sited.200 hour) Unskilled (1.500 hours) Total actual direct labour cost able labo 5 72,268 Looking over last month's data, Henderson determines that Spotless's labour price variance was 55,672 favourable, but the labour efficiency variance was $2,910 unfavourable. When Henderson presents his findings to Renton, the latter is furious. "Do you mean to tell me that my employees wasted $2,910 worth of time last month? ive had enough. They had better shape up, or elsel Henderson tries to calm him down, saying that in this case the efficiency variance doesn't necessarily mean that employees were wasting time. Henderson tells him that he is going to perform a more detailed analysis and will get back to him with more information soon ing 1. rice variar Lions to o balance, make sure Print Done Print Done Moe Renton operates Spotless Enterprises, an auto detailing company with 20 employees. Jacob Henderson has recenty been hired by Renton as but Renton believes that the company could benefit from a greater understanding of his business processes. Because of the labour-intensive nature accounting records and establishes some standards for the price and quantity of labour. While Spotless's employees earn a range of hourly wages, unskilled labour, with an average wage of S6 per hour. One standard 8-hour detailing job typically requires a combination of 5 skilled hours and 3 un Click the icon to view the actual direct labour costs.) (Click on the icon for more information) Required Requirement 1. What is the budgeted cost of direct labour for 610 detailing jobs? Select the formula and enter the amounts to calculate the budgeted cost of direct labour for 610 detailing jobs. Total budgeted cost of direct labour 1: Requirement 2. How were the $5,672 tavourable price variance and the $2,910 unfavourable labour efficiency variance calculated? What was the Begin by selecting the formula and enter the amounts to calculate the total direct labour price variance Identify each variance as either favourable appropriate field. If the variance is zero, do not select a label. Round all intermediate calculations to four decimal places, XXO0oC. Round your final ) Price variance Skilled Unskilled Total Now select the formula and enter the amounts to calculate the total direct labour efficiency variance, identify each variance as either favourable (F) field. If the variance is zero, do not select a tabel. Round your final answers to the nearest whole dollar:) . WI Actual direct labour costs X More Information ula or 610 det of Skilled (3,260 hours) Unskilled (1,580 hours) Total actual direct labour cost $ 62,918 9,350 $ 72,268 6. Hd Looking over last month's data, variance was $5,672 favourable, unfavourable. When Henderson furious. "Do you mean to tell me last month? I've had enough. Th to calm him down, saying that in necessarily mean that employee is going to perform a more detail information soon. fable laboy price variar ulations to ing 1. If Print Done )

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