Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Problem 23-2A (Part Level Submission) Ayala Corporation accumulates the following data relative to jos started and finished during the month of June 2012 Actual 11.400
Problem 23-2A (Part Level Submission) Ayala Corporation accumulates the following data relative to jos started and finished during the month of June 2012 Actual 11.400 $169.00 Standard $2.00 11,000 $165,680 15200 Costs and Production Data Raw material unit cost Raw materias its used Director payrol Director hout worked Manufacturing overhead incurred Maacturing overhead applied Machine hours expected to be used normal capacity Budgeted red overhead fortune Variatie overhead rate per machine hour Fixed t he rate per machine hour $211,720 $214,320 $73,950 51.00 51.70 were sold o g vector hour. The andre Overhead w led on the basis of standard machine hours, 300 hours of machine time are required for that the amount of raw material purchased the amount used o answers to Come as of the varances for (1) direct materials and (2) retr (1) Total materiais variance Materace variance Mens quantity variance (2) Total variance Lator price variance Labor quantity variance Click if you would like to show Work for this questioni Qeen Show Work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started