question 10

N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux Christmas C x | Sales Assocx * zahraakasbx > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 Requireu: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 10 points 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending Inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. X 02.10.06 Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Required 5 5 Required 6 Required 7 7 Required 8 Print Prepare a standard cost card for one backpack. (Round your answers to 2 decimal places.) References Standard Quantity or Hours Standard Price or Rate $ Standard Cost Direct materials yards 4.00 per yard hours Direct labor Variable manufacturing overhead Total standard cost per hour $ 200 per direct labor-hour hours $ 0.00 Z 10 as "F"" , " N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux Christmas C x | Sales Assocx * zahraakasbx > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Quiz 12 Saved Help Save & Exit Submit Check my work Requireu: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 1. What is the standard cost of a single backpack? 10 2. What was the actual cost per backpack produced during March? points 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending Inventories of materials? X 02.10.09 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? Skipped 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. Complete this question by entering your answers in the tabs below. eBook Required 1 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What was the variable overhead rate variance for March? The variable overhead efficiency variance? (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" References (, . ) Print Variable overhead rate variance Variable overhead efficiency variance Mc Graw Hill Education N Netflix CN Netflix M X x + M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the GluX n Christmas C x | Sales Assocx + zahraakasb x > Connect ezto.mheducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 A Saved Help Save & Exit Submit Check my work 10 Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 10 points 3 02:10:15 1. What is the standard cost of a single backpack? What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Required 5 5 Required 6 Required 7 Required 8 Print What is the standard direct labor rate per hour? (Round your answers to 2 decimal places.) References Standard direct labor rate per hour Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux Christmas C x | Sales Assocx * zahraakasbx > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 Requireu: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 10 points 8 02:10:12 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending Inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Print What was the labor rate variance for March? The labor efficiency variance? (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) References Labor rate variance Labor efficiency variance Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux 1 Christmas C x | Sales Assocx + zahraakasb X > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 630 Actual direct labor-hours Difference between standard and actual cost per backpack produced during March $ 0.15 F 10 points Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 8 02:10:22 Skipped 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? Prepare a standard cost card for one backpack. eBook Print Complete this question by entering your answers in the tabs below. . References Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 How many yards of material are required at standard per backpack? (Round your answer to 1 decimal place.) Number of yards per backpack Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux 1 Christmas C x | Sales Assocx + zahraakasb X > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 630 Actual direct labor-hours Difference between standard and actual cost per backpack produced during March $ 0.15 F 10 points Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 8 02:10:25 Skipped 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? Prepare a standard cost card for one backpack. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What was the actual cost per backpack produced during March? (Round your answer to 2 decimal places.) Actual cost per backpack Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux 1 Christmas C x | Sales Assocx + zahraakasb X > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 630 Actual direct labor-hours Difference between standard and actual cost per backpack produced during March $ 0.15 F 10 points Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. X 02:10:28 Skipped 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? Prepare a standard cost card for one backpack. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What is the standard cost of a single backpack? (Round your answer to 2 decimal places.) Standard cost of a single backpack Required 1 Required 2 > Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux n Christmas C x | Sales Assocx + zahraakasb x Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 IWILI I L vin LILIJIL UTLEIUTIS-IV-IV-, CUI Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below: 10 points Standard Cost Direct materials Direct Labor Standard Quantity or Hours ? 7 7 8 Standard Price or Rate $4.00 per yard 7 per direct $ 2 labor-hour 02:10:33 ? 7 Skipped Variable manufacturing overhead Total standard cost per unit ? $ 7 Overhead is applied to production on the basis of direct labor-hours. During March, 420 backpacks were manufactured and sold. Selected information relating to the month's production is given below: eBook Print Materiala Used $ 6,720 $ 5,355 ? 420 U Direct Labor $4,368 2 Variable Manufacturing Overhead $1,092 $1,407 References Total standard cost allowed Actual costs incurred Materials price variance Materials quantity variance Labor rate variance Tabor efficiency variance Variable overhead rate variance Variable overhead efficiency variance 7 ? 7 *For the month's production. The following additional information is available for March's production: Actual direct labor-hours Difference between standard and actual cost per backpack produced during March 630 $ $ 0.15 F Mc Graw Hill ELELI N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux Christmas C x | Sales Assocx * zahraakasbx > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 Requireu: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 10 points 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending Inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. X 02.10.06 Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Required 5 5 Required 6 Required 7 7 Required 8 Print Prepare a standard cost card for one backpack. (Round your answers to 2 decimal places.) References Standard Quantity or Hours Standard Price or Rate $ Standard Cost Direct materials yards 4.00 per yard hours Direct labor Variable manufacturing overhead Total standard cost per hour $ 200 per direct labor-hour hours $ 0.00 Z 10 as "F"" , " N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux Christmas C x | Sales Assocx * zahraakasbx > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Quiz 12 Saved Help Save & Exit Submit Check my work Requireu: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 1. What is the standard cost of a single backpack? 10 2. What was the actual cost per backpack produced during March? points 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending Inventories of materials? X 02.10.09 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? Skipped 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. Complete this question by entering your answers in the tabs below. eBook Required 1 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What was the variable overhead rate variance for March? The variable overhead efficiency variance? (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" References (, . ) Print Variable overhead rate variance Variable overhead efficiency variance Mc Graw Hill Education N Netflix CN Netflix M X x + M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the GluX n Christmas C x | Sales Assocx + zahraakasb x > Connect ezto.mheducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 A Saved Help Save & Exit Submit Check my work 10 Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 10 points 3 02:10:15 1. What is the standard cost of a single backpack? What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Required 5 5 Required 6 Required 7 Required 8 Print What is the standard direct labor rate per hour? (Round your answers to 2 decimal places.) References Standard direct labor rate per hour Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux Christmas C x | Sales Assocx * zahraakasbx > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 Requireu: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 10 points 8 02:10:12 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending Inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? 8. Prepare a standard cost card for one backpack. Skipped Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Print What was the labor rate variance for March? The labor efficiency variance? (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) References Labor rate variance Labor efficiency variance Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux 1 Christmas C x | Sales Assocx + zahraakasb X > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 630 Actual direct labor-hours Difference between standard and actual cost per backpack produced during March $ 0.15 F 10 points Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 8 02:10:22 Skipped 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? Prepare a standard cost card for one backpack. eBook Print Complete this question by entering your answers in the tabs below. . References Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 How many yards of material are required at standard per backpack? (Round your answer to 1 decimal place.) Number of yards per backpack Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux 1 Christmas C x | Sales Assocx + zahraakasb X > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 630 Actual direct labor-hours Difference between standard and actual cost per backpack produced during March $ 0.15 F 10 points Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. 8 02:10:25 Skipped 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? Prepare a standard cost card for one backpack. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What was the actual cost per backpack produced during March? (Round your answer to 2 decimal places.) Actual cost per backpack Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux 1 Christmas C x | Sales Assocx + zahraakasb X > Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 630 Actual direct labor-hours Difference between standard and actual cost per backpack produced during March $ 0.15 F 10 points Required: Hint: It may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements. X 02:10:28 Skipped 1. What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for March if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7. What was the variable overhead rate variance for March? The variable overhead efficiency variance? Prepare a standard cost card for one backpack. eBook Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 What is the standard cost of a single backpack? (Round your answer to 2 decimal places.) Standard cost of a single backpack Required 1 Required 2 > Mc Graw Hill Education N Netflix M Inbox (5,501 X No Experien x 1 Glue Storex 1 Join the lux n Christmas C x | Sales Assocx + zahraakasb x Connect CN Netflix M X x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fvuws.westernsydney.edu.au%252Fwebapps. NP Z Quiz 12 Saved Help Save & Exit Submit Check my work 10 IWILI I L vin LILIJIL UTLEIUTIS-IV-IV-, CUI Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below: 10 points Standard Cost Direct materials Direct Labor Standard Quantity or Hours ? 7 7 8 Standard Price or Rate $4.00 per yard 7 per direct $ 2 labor-hour 02:10:33 ? 7 Skipped Variable manufacturing overhead Total standard cost per unit ? $ 7 Overhead is applied to production on the basis of direct labor-hours. During March, 420 backpacks were manufactured and sold. Selected information relating to the month's production is given below: eBook Print Materiala Used $ 6,720 $ 5,355 ? 420 U Direct Labor $4,368 2 Variable Manufacturing Overhead $1,092 $1,407 References Total standard cost allowed Actual costs incurred Materials price variance Materials quantity variance Labor rate variance Tabor efficiency variance Variable overhead rate variance Variable overhead efficiency variance 7 ? 7 *For the month's production. The following additional information is available for March's production: Actual direct labor-hours Difference between standard and actual cost per backpack produced during March 630 $ $ 0.15 F Mc Graw Hill ELELI