SPOOD 0 Headstart manufactures headphone cases. During September 2016, the company produced and sold 105.000 cases and recorded the following cost data: Click the icon to view the cost data) Read the ments Requirement 1. Compute the cost and efficiency variances for direct materials and director Begin with the cost variances Select the required formulas, compute the cost Valances for direct materials and director, and kertily whether each variance is favorable or unworbe (trettore ed ACAQ acha quanthy FOHfed overhead, SC standard cont standard) Formu Variance Direct materials costvarene Direct labor cost variance Next compute the caney variances Select the required formulas, compute the ceny variances for direct materials and direct laboy, and ently whether each variance is favorable for utvorable restorana AC cost. Gary FOH tid overhead, Standard cost standard Gary) Formula Direct ny variance Drewborney and Requirement 2. Formentering overhead compute the revered and variances and the fund overhead cost and volume variances Now come te verte vertet cost and reverse the return, complete varutlevertheatest and coney and writy whether each we tworteteater ACOTOR ve VOH) VOH warna Choose from any sorteraryumber in the inputs and then continue to the MacBook Pro s, the company produced and sold 105,000 cases and recorded the following cost data: | Data Table ect me Standard Cost Information ate the standa F) or unfa Direct Materials Direct Labor Variable Manufacturing Overhead Quantity Cost 2 parts $ 0.17 per part 0.02 hours 9.00 per hour 0.02 hours 10.00 per hour as, con cost; is favorabl Fixed Manufacturing Overhead ($32,300 for static budget volume of 95,000 units and 1,900 hours, or $17 per hour) a Actual Cost Information Direct Materials able ove (209,000 parts @ $ 0.22 per part) (1,600 hours @ $ 9.10 per hour) Direct Labor es. Seled ead; SC $ 45,980 14,560 11,000 25,000 Variable Manufacturing Overhead Fixed Manufacturing Overhead hether each v Print Done s and then continue to the next question. MacBook Pro ct materials and direct labor. te the cost variances for direct materials and direct labor and identify whether each variance is favor tandard Requirements 1. as, compul cost; SQ 2. Compute the cost and efficiency variances for direct materials and direct labor. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances. Headstart's management used better quality materials during September. Discuss the trade-off between the two direct material variances. a 3. Print Done able overhe es. Select the required formulas, compute the variable overhead cost and efficiency variances, and identif ead; SC = standard cost; SQ = standard quantity: VOH = variable overhead.) Variance s and then continue to the next question. Direct marw efficiency variance Direct labor efficiency variance Requirement 2. For manlalaring ved compute the art overhead cost and efficiency variances and the feed overhead out and volume was Now compute the variable overhead cost and any variances Select the required formulas, compute the variable overhead cost and efficiency variances, and identity whether each variance is made for unter Morton used AC actual cot AD-actual quantity, FOHBed overhead, SC standard cost, so standard quantity, VOH variable overhead) Formula Variance VOH Cost variance VOR ency wariance Now compute ne fund eventuad cent and votume variances . Select the required formulas, compute the fred overtad cont and volume variances, and identify whether such variance in tavorable 7) or unavarnie (w paleterojatons and AC = Formula FOH cost variance FOH volume variance Requirements. Heatstarts management and better quality materials during September Decuss the trade-off between the two direct material variances Headstartsmanagement new that using high quality materials would result in an They hoped these materials would result in more at tage has stardaria There was an Choose from any list or enter any number in the input fields and then continue to the next question Headstart manufactures headphone cases. During September 2018, the company produced and sold 105,000 cases and recorded the following cost data: (Click the icon to view the cost data.) Read the requirements 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 overhead cost and efficiency variances. Select the required formulas, compute the variable overhead cost and efficiency variances, and identify whethe used: AC = actual cost; 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 vari actual cost; AQ - actual quantity: FOH - fixed overhead; SC - standard cost, SQ - st Formula V favorable direct material cost variance FOH cost variance favorable direct material efficiency variance FOH volume variance unfavorable direct material cost variance Requirement 3. Headstart's management used better quality materials during Septem unfavorable direct material efficiency variance al variances Headstart's management know that using higher quality materials would result in an) They hoped these materials would result in overall Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Pro materials efficiency variance labor efficiency variance rement 2. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variar ompute the variable overhead cost and efficiency variances. Select the required formulas, compute the variable overhead cost and efficiency varianc AC = actual cost; AQ = actual quantity: FOH = fixed overhead; SC = standard cost; SQ = standard quantity: VOH = variable overhead.) Formula Variance cost variance efficiency variance compute the fixed overhead cost and volume variances. Select the required formulas, compute the fixed overhead cost and volume variances, and ider al cost; AQ = actual quantity: FOH = fixed overhead; SC - standard cost; SQ = standard quantity.) Formula Variance cost variance volume variance (AC-SC) XAQ quirement 3. Headstart's m ing September. Discuss the trade-off between the two direct material variances. (AC-SC) sa adstart's management knev (AQ - SQ) AC sult in a(n) They hoped these mat rall (AQ - SQ)X SC Actual FOH - Allocated FOH Actual FOH - Budgeted FOH ose from any list or enter continue to the next question. Budgeted FOH - Allocated FOH MacBook Pro