sig Homework: Chapter 11 Homework Save n Score: 0 of 3 pts 4 of 5 (1 completo) HW Score: 12.17%, 1.83 of 15 pts P11-61B (similar to) Question Help Pratt Awning manufacture ownings and unes a standard cont system. The Actual cost and operating data from the mont recent month are as follows: company allocates overhead based on the number of direct labor hours. The (Click the icon to view the actual results.) following are the company's cost and standards data: (Click the foon to view the standards.) All manufacturing overhead is allocated on the basis of direct labor hours. Read the requirements Requirement 1. Calculate the standard cont of one awning Standard cost Standard cost per unit Direct materials Direct labor Variable MOH Fixed MOH Total standard cost correc Isabelle Sc apter 11 Homework 4 of 5 (1 complete) HW and uses a standard cost system. The on the number of direct labor hours. The standards data: ards.) Actual cost and operating data from the most (Click the icon to view the actual results.) All manufacturing overhead is allocated on the Read the requirements. Requirements 1. Calculate the standard cost of one awning. 2. Calculate the following variances: a. The direct material variances. b. The direct labor variances. c. The variable manufacturing overhead variances, d. The fixed manufacturing overhead variances 3. Explain what each of the variances you calculated means and give at least one possible explanation for each of those variances. Are any of the variances likely to be interrelated? Print Done and then click Check Answer Clear All 4 of 5 (1 complete) uses a standard cost system. The ne number of direct labor hours. The ndards data: .) Actual cost and operating data fr (Click the icon to view the ac All manufacturing overhead is all Read the requirements. i Standard Price and Volume Standards: Direct materials 20.0 yards per awning at $15.00 per yard Direct labor 4.0 hours per wning at $11.00 per hour Variable MOH standard rate $6.00 per direct labor hour Predetermined fixed MOH standard rate $11.00 per direct labor hour Total budgeted fixed MOH cost $98,700 Print Done nd then click Check Answer Clear All a standard cost system. The nber of direct labor hours. The s data: Actual cost and operating data from (Click the icon to view the actua A manufacturing overhead is alloca Actual Results Read the requirements. i Actual Results Purchased 49,220 yards at a total cost of $708,768 Used 45,300 yards in producing 2,300 awnings Actual direct labor cost of $102,030 for a total of 8,950 hours Actual variable MOH $54,595 Actual fixed MOH $103.700 Print Done en click Check Answer: sig Homework: Chapter 11 Homework Save n Score: 0 of 3 pts 4 of 5 (1 completo) HW Score: 12.17%, 1.83 of 15 pts P11-61B (similar to) Question Help Pratt Awning manufacture ownings and unes a standard cont system. The Actual cost and operating data from the mont recent month are as follows: company allocates overhead based on the number of direct labor hours. The (Click the icon to view the actual results.) following are the company's cost and standards data: (Click the foon to view the standards.) All manufacturing overhead is allocated on the basis of direct labor hours. Read the requirements Requirement 1. Calculate the standard cont of one awning Standard cost Standard cost per unit Direct materials Direct labor Variable MOH Fixed MOH Total standard cost correc Isabelle Sc apter 11 Homework 4 of 5 (1 complete) HW and uses a standard cost system. The on the number of direct labor hours. The standards data: ards.) Actual cost and operating data from the most (Click the icon to view the actual results.) All manufacturing overhead is allocated on the Read the requirements. Requirements 1. Calculate the standard cost of one awning. 2. Calculate the following variances: a. The direct material variances. b. The direct labor variances. c. The variable manufacturing overhead variances, d. The fixed manufacturing overhead variances 3. Explain what each of the variances you calculated means and give at least one possible explanation for each of those variances. Are any of the variances likely to be interrelated? Print Done and then click Check Answer Clear All 4 of 5 (1 complete) uses a standard cost system. The ne number of direct labor hours. The ndards data: .) Actual cost and operating data fr (Click the icon to view the ac All manufacturing overhead is all Read the requirements. i Standard Price and Volume Standards: Direct materials 20.0 yards per awning at $15.00 per yard Direct labor 4.0 hours per wning at $11.00 per hour Variable MOH standard rate $6.00 per direct labor hour Predetermined fixed MOH standard rate $11.00 per direct labor hour Total budgeted fixed MOH cost $98,700 Print Done nd then click Check Answer Clear All a standard cost system. The nber of direct labor hours. The s data: Actual cost and operating data from (Click the icon to view the actua A manufacturing overhead is alloca Actual Results Read the requirements. i Actual Results Purchased 49,220 yards at a total cost of $708,768 Used 45,300 yards in producing 2,300 awnings Actual direct labor cost of $102,030 for a total of 8,950 hours Actual variable MOH $54,595 Actual fixed MOH $103.700 Print Done en click Check
