Sheffield Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials Direct labor Variable-MOH (a) 10 square yards per unit 1.3 DL hours per unit 1.3 DL hours per unit Throughout the year, Sheffield used 3,874 DL hours in the process of making 3,050 tents. The company had originally planned to produce and sell 2,800 tents. Its actual variable-MOH costs totaled $7,864 for the year. Variable-MOH price variance Determine Sheffield's variable-MOH price and efficiency variances. Also identify whether the company's variable-MOH costs were under- or overapplied, and by how much. Variable-MOH $ Variable-MOH efficiency variance $ @$6/square yard @$13/DL hour @ $2.00/DL hour $ #

Shelfield Corp supplies its customers with high-quality camvas tents. These canvas tents sell for $170 each, with the following DM and De usage and price expectations. Throughout the year, Sheffield used 3,874DL hours in the process of making 3,050 tents. The company had originally planned to produce and sell 2,800 tents. Its actual variable MOH costs totaled $7,864 for the year. (a) Determine Sheffield's variable-MOH price and efficiency variances. Also identify whether the company's variable-MOH costs were under-or overapplied, and by how much. Shelfield Corp supplies its customers with high-quality camvas tents. These canvas tents sell for $170 each, with the following DM and De usage and price expectations. Throughout the year, Sheffield used 3,874DL hours in the process of making 3,050 tents. The company had originally planned to produce and sell 2,800 tents. Its actual variable MOH costs totaled $7,864 for the year. (a) Determine Sheffield's variable-MOH price and efficiency variances. Also identify whether the company's variable-MOH costs were under-or overapplied, and by how much