so confused wjth Managerial accouting homework. please help(show calculations so I can understand).

1)

2) Great fender which uses a standard cost system manufactured 20,000 boat fenders during 2008 using 145,000 ft. of extruded vinyl purchased at $1.35 per square foot. Production required for 180 direct labor hours that cost $14 per hour that direct materials standard was 7 ft of vinyl per fender at a standard cost of $1.40 per square foot. The labor standard was 0.026 direct labor hours per fender at a standard cost of $13 per hour.

calculate direct materials cost variance, direct labor cost variance, direct materials efficiency variance, direct materials efficiency variance.

The --- direct materials cost variance combined with the ---- direct materials efficiency very and suggested managers may have used --- direct materials. The net affect on the total direct materials variance is ----. The ---- direct labor cost variance combined with the ----- direct labor efficiency variance suggest that managers may have used ---- workers who performed more efficiently. The net affect on the total direct labor variance is ----.

(below picture is all i typed above)

3)

data Smartsets manufactures headphone cases. During September 2018, the company produced and sold 105,000 cases and recorded the following cost Click the icon to view the cost leta) Read the requirements Formula Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor Begin with the cost variances, Select the required formulas, compute the cost variances for direct materials and direct labor , and identify whether each variance is favorable (F) or unfavorable (U) (Abbreviations used, AC = actual cost, AQ - actual quantity, FOH = fixed overhead, SC - standard cost, SQ = standard quantity) Formula Variance Direct materials cost variance Direct labor cost variance Next compute the efficiency variances Select the required formulas, compute the efficiency variances for direct materials and direct labor, and identify whether each variance is favorable (F) or unfavorable (U) (Abbreviations used AC = actual cost, AQ - actual quantity. FOH = fixed overhead, SC - standard cost, SQ - standard quantity) Variance Direct materials efficiency variance Direct labor efficiency variance Requirement 2. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances Now compute the variable overbead cost and efficiency variances Select the required formulas compute the variable overhead cost and efficiency variances, and identify whether each variance is favorable (F) or unfavorable (U) (Abbreviations used AC = actual cont, AQ - actual quantity, FOH = fixed overhead, SC standard cost, SQ = standard quantity, VOH = variable overhead) Formula Variance VOH cost variance VOH efficiency variance Now compute the fixed overhead cost and volume variances Select the required formulas, compute the fixed overhead cost and volume variances, and identify whether each variance is favorable (F) or unfavorable (U) (Abbreviations used Ac - actual cost AQ = actual quantity. FOH = fixed overhead, SC standard cost, SO standard quantity Data Table Standard Cost Information Quantity Cost Direct Materials 2 parts $0.15 per part Direct Labor 0.02 hours 9.00 per hour Variable Manufacturing Overhead 0.02 hours 9 per hour Fixed Manufacturing Overhead (528,500 for static budget volume of 95,000 units and 1.900 hours or S15 per hour) Actual Cost Information Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead (206.000 parts @ 50 20 per part) (1,600 hours @ $9.15 per hour) $ 41,200 14.640 12.000 25,000 Print Done Great Fundet, which standard cow mucured 20.000 bolonders during 2011. in 15.000 feet oluded in purchased perrot labore hout the direct materials and was van quere foot of perfonde aandard Contoft 46 per refoot The labor de 9026retleboro per fonder contof9900 per Read the Plugin with the convertencias Select the mult comes the contences for de material and deed wer and lately whether och variance la terceratie w levou u trident to FOHfedtstedt Formule Variance Direct materials courance CACHOWO TA Duct labor cost variance ACES) WAO Select the needed format comes the ceny Variance for Girect materials and Groot week and idently woterahvalence are a lavorato (1) bolo na sa set 20 FH bed Scandard For Directoriency and HOSO SED Direct laboreticence CAD SO SC Does the power onders gegen The favore dreams con variance contined with may have receh The material dret bol oleme sonte na manera may me sto penetrare in the court te one Tuntable and become verance combined with reabile Baldad laborance is the Best Company uses a standard cost system and reports the following information for 2018 Click the icon to view the information) Best Company reported the following variances Click the icon to view the variances) Best produced 1,000 units of finished product in 2018 Read the requirements Begin by journalizing the purchase of direct materials on account, including the related variance. (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit Now journalize the usage of direct materials, including the related variance (Prepare a single compound journal entry) Accounts and Explanation Debit Date Credit Journalize the incurrance and assignment of direct labor costs, including the related variances (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit Joumalize the entry to show the actual manufacturing overhead costs incurred Best Company uses a standard cost system and reports the following nformation for 2018: (Click the icon to view the information.) Best Company reported the following variances (Click the icon to view the variances.) Best produced 1,000 units of finished product in Data Table salarents - X (Prepare a single compound Begin by journal Date $115 U 840 F 550 F Direct materials cost variance Direct materials efficiency variance Direct labor cost variance Direct labor efficiency variance Variable overhead cost variance Variable overhead efficiency variance Fixed overhead cost variance Fixed overhead volume variance 9,000 F 1,000 U 1.000 F ow, journalize Jompound journal entry) 2000 Date lit 2.200 F Print Done murnalize the incurrence and assignment of direct labor costs, including the related variances. (Prepare a single compound jo Date Accounts and Explanation Debit Credit Standards: 3 yards of cloth per unit at $1.20 per yard 2 direct labor hours per unit at $10.00 per hour Overhead allocated at $4.00 per direct labor hour Actual 2,300 yards of cloth were purchased at $1.25 per yard Employees worked 1 100 hours and were paid $9.50 per hour Actual variable overhead was $2.000 Actual fixed overhead was $4.000