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Remember also to solve parts b,c and d) Please answer the below questions correctly . Teachers provided with wrong answers and i have only one
Remember also to solve parts b,c and d)
Please answer the below questions correctly . Teachers provided with wrong answers and i have only one attempt left . Please read the question very carefully .
Please provide correct answers
(b) Labour price, usage, and budget variances (c) Variable overhead spending, quantity, and budget variances (d) Fixed overhead spending and volume variances
Delta Manufacturing Company uses a standard cost system in accounting for the cost of its main product. The following standards have been established for the direct manufacturing costs per unit: $15.00 per unit Direct materials (2 kg at $7.50 per kilogram) Direct labour (3 hours at $12 per hour) $36.00 per unit Budgeted overhead for the month of April (based on expected activity of 9.000 direct labour hours) is as follows: $29,250 Variable overhead Fixed overhead Total overhead 19,500 $48,750 Overhead is applied based on labour hours. The average activity per month is 9,750 direct labour hours. The company calculates overhead rates based on average activity. Results for the month of April are as follows: 3,150 $44,850 Units produced Direct materials used (6,500 kg) Direct labour (9.500 hours) Variable overhead Fixed overhead 116,375 28,500 20.000 Total costs $209,725 There was no beginning or ending work in process inventory. (a) Calculate the direct materials price, usage, and budget variances. Direct materials price variance $ > Direct materials usage variance $ Total materials budget variance $ e Textbook and Media
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