The first picture is the question 23-6 b, second picture is reference needed for the question 23-6b and the third picture is a reference problem.

PE 23-6B Income statement with variances Prepare an income statement through gross profit for Encinas Company for the month ended July 31 using the variance data in Practice Exercises 23-1B through 23-4B. Assume that Encinas sold 2,300 units at $270 per unit. PE 23-1B Direct materials variances Encinas Company produces a product that requires 6 standard pounds per unit. The standard price is $1.75 per pound. If 2,300 units required 13,400 pounds, which were purchased at $2.00 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? PE 23-2A Direct labor variances Venneman Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $12 per hour. If 14,000 units required 58,000 hours at an hourly rate of $11.85 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? PE 23-2B Direct labor variances Encinas Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $21 per hour. If 2,300 units required 6,600 hours at an hourly rate of $20.50 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? PE 23-3A Factory overhead controllable variance Venneman Company produced 14,000 units of product that required 4 standard hours per unit. The standard variable overhead cost per unit is $0.80 per hour. The actual variable factory overhead was $46,100. Determine the variable factory overhead controllable variance. PE 23-3B Factory overhead controllable variance OB.. 4 Encinas Company produced 2,300 units of product that required 3 standard hours per unit. The standard variable overhead cost per unit is $1.90 per hour. The actual variable factory overhead was $11,905. Determine the variable factory overhead controllable variance. PE 23-4A Factory overhead volume variance Venneman Company produced 14,000 units of product that required 4 standard hours per unit. The standard fixed overhead cost per unit is $0.95 per hour at 55,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. PE 23-4B Factory overhead volume variance Encinas Company produced 2,300 units of product that required 3 standard hours per unit. The standard fixed overhead cost per unit is $1.20 per hour at 7,100 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Follow My Example 23-6 Tip Top Corp. Income Statement Through Gross Profit For the Year Ended December 31 \begin{tabular}{lc} \hline Sales (3,000 units $100) & $300,000 \\ Cost of goods sold-at standard & $105,750194,250 \end{tabular} Unfavorable Favorable Variance adjustments to gross profit-at standard: Direct materials price (EE23-1) Direct materials quantity (EE23-1) Direct labor rate (EE23-2) Direct labor time (EE23-2) Factory overhead controllable (EE23-3) Factory overhead volume (EE23-4) Less unfavorable variance from standard cost Gross profit-actual $104,2091,541 -Directmaterials(3,000units6lb.$4.50)Directlabor(3,000units2.5hrs,$12.00)Factoryoverhead[3,000units2.5hrs($2.20+50.90)]Costofgoodssoldatstandard$81,00090,00023,250 Practice Exercises: PE 23-6A, PE 23-6B PE 23-6B Income statement with variances Prepare an income statement through gross profit for Encinas Company for the month ended July 31 using the variance data in Practice Exercises 23-1B through 23-4B. Assume that Encinas sold 2,300 units at $270 per unit. PE 23-1B Direct materials variances Encinas Company produces a product that requires 6 standard pounds per unit. The standard price is $1.75 per pound. If 2,300 units required 13,400 pounds, which were purchased at $2.00 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? PE 23-2A Direct labor variances Venneman Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $12 per hour. If 14,000 units required 58,000 hours at an hourly rate of $11.85 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? PE 23-2B Direct labor variances Encinas Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $21 per hour. If 2,300 units required 6,600 hours at an hourly rate of $20.50 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? PE 23-3A Factory overhead controllable variance Venneman Company produced 14,000 units of product that required 4 standard hours per unit. The standard variable overhead cost per unit is $0.80 per hour. The actual variable factory overhead was $46,100. Determine the variable factory overhead controllable variance. PE 23-3B Factory overhead controllable variance OB.. 4 Encinas Company produced 2,300 units of product that required 3 standard hours per unit. The standard variable overhead cost per unit is $1.90 per hour. The actual variable factory overhead was $11,905. Determine the variable factory overhead controllable variance. PE 23-4A Factory overhead volume variance Venneman Company produced 14,000 units of product that required 4 standard hours per unit. The standard fixed overhead cost per unit is $0.95 per hour at 55,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. PE 23-4B Factory overhead volume variance Encinas Company produced 2,300 units of product that required 3 standard hours per unit. The standard fixed overhead cost per unit is $1.20 per hour at 7,100 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Follow My Example 23-6 Tip Top Corp. Income Statement Through Gross Profit For the Year Ended December 31 \begin{tabular}{lc} \hline Sales (3,000 units $100) & $300,000 \\ Cost of goods sold-at standard & $105,750194,250 \end{tabular} Unfavorable Favorable Variance adjustments to gross profit-at standard: Direct materials price (EE23-1) Direct materials quantity (EE23-1) Direct labor rate (EE23-2) Direct labor time (EE23-2) Factory overhead controllable (EE23-3) Factory overhead volume (EE23-4) Less unfavorable variance from standard cost Gross profit-actual $104,2091,541 -Directmaterials(3,000units6lb.$4.50)Directlabor(3,000units2.5hrs,$12.00)Factoryoverhead[3,000units2.5hrs($2.20+50.90)]Costofgoodssoldatstandard$81,00090,00023,250 Practice Exercises: PE 23-6A, PE 23-6B