senior cornhole is a small business that ienny morris developed while in college.

1 of 1 e began building wooden corn hole game sets for friends, hand painted with college colors the construction department, the games require wood and labor. Senior Corn Hole has son More Info - X Senior Corn Hole uses standard costing for the game sets. Kenny expects that a typical set should take 3 hours of labor in the construction department, and the standard wage rate is $10.00 per hour. An average set uses 21 square feet of wood, allowing for a certain amount of scrap. Because of the nature of the wood, workers must work around the flaws in the materials. Kenny shops around for good deals and expects to pay $4.20 per square foot. Kenny does not store inventory, and buys the wood as he receives an order For the month of September, Kenny's workers produced 70 corn hole sets using 217 hours and 1,700 square feet of wood. Kenny bought wood for $6,500 (and used the entire quantity), and incurred labor costs of $2,050. Print Done e to the next question. Senior Corn Hole is a small business that Kenny Morris developed while in college. He began building wooden corn hole game se operation. Senior Corn hole maintains two departments: contstruction and painting. In the construction department, the games rec are new and inexperienced. (Click the icon to view more information.) Read the requirements Begin by calculating the price and efficiency variances for the wood. Price variance F Efficiency variance U Calculate the price and efficiency variances for direct manufacturing labor. Price variance F Efficiency variance U Requirement 2. Record the journal entries for the variances incurred. (Record debits first, then credits. Exclude explanations from any Prepare the journal entry for the direct materials price variance. Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. UUSIMUS that Renny Morris developed while in college. He began building wooden corn hole game sets fo operation. Senior Com hole maintains two departments: contstruction and painting. In the construction department, the games require are new and inexperienced. Click the icon to view more information.) Read the requirements Next prepare the journal entry for direct materials efficiency variance. Date Journal Entry Accounts Debit Credit Now prepare the journal entry for direct manufacturing labor price and efficiency variances. Journal Entry Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later (Llek the icon to view more information.) een with the company for a very long tim Read the requirements Now prepare the journal entry for direct manufacturing labor price and efficiency variances Journal Entry Date Accounts Debit Credit V of it Requirement 3. Discuss logical explanations for the combination of variances that Senior experienced. Kenny paid for the wood. As a result, the wood was quality and workers used Kenny used experienced workers in September than he usually does. This resulted in payment of efficient and took hours than normal wages per hour. The new workers were Overall, Kenny's total wage bill was than expected Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later O Bi