requirement 3 the drop down choices are:
1. favorable or unfavorable
2. higher or lower
3. less or more
4. a decline in or improved
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The Granary Bread Company bakes baguettes for distribution to upscale grocery stores. The company has The Granary Bread Company provides the following additional data for the year ended December 31, two direct cost entegories: direct materials and Girect manufacturing labor. Variable manufacturing 2017 Overhead is allocated to products on the basis of standard direct manufacturing labor hours. Following is some budget data for the Granary Bread Company Click the loon to view the additional data) Click the icon to view the budget data) Read the cuirements Requirement 1. What is the denominator level used for allocating variable manufacturing overhead? (That is, for how many direct manufacturing Inbor hours is Granary Bread budgeting) The denominator level is houn Requirement 2. Prepare a variance analysis of variable manufacturing overhead. Begin by calculating the following amounts for the variable overhead that will be used to calculate the variances Actual Input Actual Costa Flexible Allocated Incurred Budgeted Rate Budget Overhead Variable MOH Now complete the 4-variance analysis using the amounts you calculated aboveno variance exists leave the door value blank Label the variance as favorable furtavble (U) or never a variance (N) 4.Variance Spending Efficiency Production Volume Analysis Variance Variance Variance Vai MOH 11 Choose from any list or enter any number in the input fields and then continue to the next question Save for Later The Granary Bread Company bikes baguettes for distribution to upscale grocery wores. The company has The Granary Bread Company provides the following additional data for the year ended December 31, two direct-cost categories direct materials and direct manufacturing labor. Variable manufacturing 2017: overhead is allocated to products on the basis of standard direct manufacturing labor-hours. Following is Click the loon to view the additional data) some budget data for the Granary Bread Company Click the icon to view the budget data) Read the requirement Now complete the 4 variance analysis using the amounts you calulated above. (if no variance exists beave the dollar value blank Label the variance as favorable (F). untevorable (U) or never a variance (N) 4-Variante Spending Efficiency Production Volume Analysis Variance Variance Variance Variable MOH Requirement 3. Discuss the variances you have calculated and give possible explanations for them The spending variances because variable manufacturing over and was than planned. A possible explanation could be ) in energy rates relative to the rate per standard labor hour assumed in the file budget The efficiency variance is because the actual number of direct manufacturing labor hours required than the number of hours in the feeble budget. Labor was officient in producing the baguettes than management had anticipated in the budget. This could occur because of morale in the company, which could result from an increase in wage or an improvement in the compensation scheme because the efficiency variance was The flexible-budget variance of compensate for the spending variance Choose from any ist or enter any number in the input fields and then continue to the next question Barve for at sto The Granary Broad Company bakes baguettes for distribution to upscale grocery stores. The company has The Granary Broad Company provides the following additional data for the year ended Decem two direct-cost categories: direct materials and direct manufacturing labor Variable manufacturing 2017: overhead is allocated to products on the basis of standard direct manufacturing labor hours. Following is 1: (Click the icon to view the additional data) some budget data for the Granary Bread Company (Click the icon to view the budget data.) Read the requirements Now complete the 4-variance analysis using the amounts you calculated above. (If no variance exists leave the dollar value blank. Label the variance as favorable (F)unfavorable (U) or never a variance 4-Variance Spending Efficiency Production-Volume Analysis Variance Variance Variance Vair Data Table Data Table Red th The umed ex 3,400,000 baguettes 3,300,000 baguettes 60,600 hours Direct manufacturing labor Us Variable manufacturing overhead 0.02 hours per baguette $10.00 per direct manufacturing bor hour Planned (budgeted) output Actual production Direct manufacturing labor Actual variable manufacturing overhead officient in The required more Int in the oc $830,220 the sch Print Done Print Done noy van W The vibe-Budgetarian compensate for the spending variance Choose from any list or enter any number in the input fields and then continue to the next question Save for Later MacBook Pro NO F 2 % 5 & 7 8 9 6 2 4 3 The Granary Bread Company bakes baguettes for distribution to upscale grocery stores. The company has The Granary Bread Company provides the following additional data for the year ended December 31, two direct cost categories direct materials and direct manufacturing labor. Variable manufacturing 2017: overhead is allocated to products on the basis of standard direct manufacturing labor hours. Following is (Click the icon to view the additional data) some budget data for the Granary Bread Company (Click the loon to view the budget data) Read the requirements Requirement 1. What is the denominator level used for allocating variable manufacturing overhead? (That is, for how many direct manufacturing labor hours is Granary Bread budgeting) The denominator level is hours Requirement 2. Prepare a variance analysis of variable manufacturing overhead Begin by calculating the following amounts for the variatie overhead that will be used to calculate the variances Actual Input Actual Conte Flexible Allocated Incurred Budgeted Rate Budget Overhead Variable MOH Now complete the variance analysis using the amounts you calculated above (i no variant ave the dollar olublar. the variance as favorable (F)unfavorable (U) or never a variance) 4-Variance Spending Efficiency Production Volume Analysis Variance Variance Variance Varihi MOH Choose from any list or enter any number in the input fields and then continue to the next question Save for later The Granary Broad Company bakes baguettes for distribution to upscale grocery stores. The company has The Granary Bread Company provides the following additional data for the year ended December 31, two direct-cost categories: direct materials and direct manufacturing labor. Variable manufacturing 2017: overhead is allocated to products on the basis of standard direct manufacturing labor hours. Following is (Click the loon to view the additional data) some budget data for the Granary Bread Company (Click the icon to view the budget data) Read the requirements Now complete the 4-variance analysis using the amounts you calculated above. (of no variance est leave the dollar value blank Label the variance as favorable (F), unfavorable (U) or never a variance (N)) 4-Variance Spending Efficiency Production Volume Analysis Variance Variance Variance Variable MOH Requirement 3. Discuss the variantes you have calculated and give possible explanations for them. The spending variance is because variable manufacturing overhead was than planned. A possible explanation could be air) In energy les relative to the rate per standard labor hour assumed in the flexible budget The officiency variance is because the actual number of direct manufacturing labor hours required was than the number of hours in the flexible budget Labor was officient in producing the baguetter than management had anticipated in the budget. This could our best of morate in the company, which could result from an increase in wages or an improvement in the compensation scheme The flexible-budget variace of because the efficiency variance was compensate for the spending variance Choose from any list or enter any number in the input fields and then continue to the next question Save for Later MacBook Pro