Safari File Edit View History Bookmarks Window Help zoom G OLD 7 9 8 Sun 6 Aug 00:04 ezto.mheducation.com C Course Hero Group Project Summary. M Question 2 - Module 12 -.. [Solved] Becton Labs Inc... D2L Folders - 23M --Contem.. Balanced Score Card (1).... Module 12 - Chapter 11 i Saved Help Save & Exit Submit Check my work 2 Becton Labs Inc. produces various chemical compounds for industrial use. One compound, called Fludex, is prepared by means of an elaborate distilling process. The company has developed standard costs for one unit of Fludex, as follows: Direct materials 2.50 mL at $ per millilitre 10 Direct labour 1.40 hours at $14.50 per hour points Variable overhead 1.40 hours at $ 5.50 per hour JPG eBook During November, the following activity was recorded by the company relative to production of Fludex: Print a. Materials were purchased, 12,160 millilitres at a cost of $242,592. References b. There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,500 millilitres of material remained in the warehouse unused. c. The company employs 35 lab technicians to work on the production of Fludex. During November, each worked an average of 160 hours at an average rate of $14 per hour. d. Variable manufacturing overhead is assigned to Fludex on the basis of direct labour-hours. Variable manufacturing overhead costs during November totalled $29,080. e. Fixed overhead is also allocated on the basis of direct labour-hours. The company had budgeted $14,000 for the month but underapplied it by $575. f. During November, 3,790 good units of Fludex were produced. The normal volume for the month is 4,000 good units. The company's management is anxious to determine the efficiency of the activities surrounding the production of Fludex. The company's policy is to investigate any variance more than 2% different from the relevant standard. Required: 1. For materials used in the production of Fludex: a. Compute the price and quantity variances. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) Mc Graw LAW Hill 524 AUG 6 itv W zoomSafari File Edit View History Bookmarks Window Help zoom G O " ~ Q Sun 6 Aug 11:28 ... 0 ezto.mheducation.com C Dashboard ChatGPT 5 2 - module 9-10 - Sc... M Question 2 - Module.. [Solved] Becton Lab... DEL Grades - 23M --Mg... Assignment - Balance.. Module 12 - Chapter 11 i Saved Help Save & Exit Submit Check my work 2 Required: 1. For materials used in the production of Fludex: a. Compute the price and quantity variances. (Indicate the effect of each variance by selecting "F" for favourable, "U" for 10 unfavourable, and "None" for no effect (i.e., zero variance).) points JPG Materials price variance eBook Materials quantity variance U Print References 5.39 b. The materials were purchased from a new supplier who is anxious to enter into a long-term purchase contract. Would you recommend that the company sign the contract? 3.32 Yes O No Mc Graw 23.47 Hill AUG 2 6 stv 4 W zoomSafari File Edit View History Bookmarks Window Help zoom G O " ~ Q Sun 6 Aug 11:28 ... ezto.mheducation.com C Dashboard ChatGPT 2 - module 9-10 - Sc... M Question 2 - Module... [Solved] Becton Lab.. D2L Grades - 23M --Mg... Assignment - Balance.. Module 12 - Chapter 11 i Saved Help Save & Exit Submit Check my work 2 2. For direct labour employed in the production of Fludex: a. Compute the rate and efficiency variances. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 10 points Labour rate variance JPG Ti Labour efficiency variance TU eBook Print References 5.39 b. In the past, the 35 technicians employed in the production of Fludex consisted of 20 senior technicians and 15 assistants. During November, the company experimented with only 15 senior technicians and 20 assistants in order to save costs. Would you recommend that the new labour mix be continued? 3.32 O Yes O No Mc Graw 23.47 Hill AUG 2 1 6 stv 4 W zoomSafari File Edit View History Bookmarks Window Help zoom G O " ~ Q Sun 6 Aug 11:28 ... B V ezto.mheducation.com C Dashboard ChatGPT 5 2 - module 9-10 - Sc... M Question 2 - Module... [Solved] Becton Lab... D2L Grades - 23M --Mg... Assignment - Balance.. Module 12 - Chapter 11 i Saved Help Save & Exit Submit Check my work 2 3-a. Compute the variable overhead spending and efficiency variances. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 10 points Variable overhead spending variance F Variable overhead efficiency variance $ 1,617 U JPG eBook Print References 5.39 3-b. This part of the question is not part of your Connect assignment. 4. Compute the fixed overhead cost variances for November. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 3.32 Fixed overhead budget variance Fixed overhead volume variance TU Mc Graw 23.47 Hill AUG 2 6 stv 4 W zoom