The following data were drawn from the records of Quentin Corporation. Required a. Prepare a materials variance information table showing the standard price, the actual price, the standard quantity, and the actual quantity. b. Calculate the materials price and usage variances, Indicate whether the variances are favorable (F) or unfavorable (U). c. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the actual hours. d. Calculate the labor price and usoge variances. Indicate whether the variances are favorable (F) or unfavorable (U). e. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. f. Calculate the fixed cost spending variance. Indicate whether the variance is favorable (F) or unfavorable (U). g. Calculate the fixed cost volume variance. Indicate whether the variance is favorable (F) or unfavorable (U). Complete this question by entering your answers in the tabs below. Prepare a materials variance information table showing the standard price, the actual price, the standard quantity, and the actual quantity. (Round \"Standard price\" and \"Actual price\" to 2 decimal places.) a. Prepare a materials variance information table showing the standard price, the actual price, the standard quantity, and the actual quantity: b. Calculate the materials price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U). c. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the actual hours. d. Calculate the labor price and usage variances. Indicate whether the variances are favorable ( \\( \\mathrm{F} \\) ) or unfavorable (U). e. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. f. Calculate the fixed cost spending varlance. Indicate whether the variance is favorable (F) or unfavorable (U). 9. Calculate the floxed cost volume variance. Indicate whether the variance is favorable (F) or unfavorable (U). Complete this question by entering your answers in the tabs below. Prepare a moterials variance information table showing the standard price, the actual price, the standard quantity, and the actual quantity, (Round \"Standard price\" and \"Actual price\" to 2 decimal places.) Required a. Prepare a materials variance information table showing the standard price, the actual price, the standard quantity, and the actual quantity. b. Calculate the moteriais price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U). c. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the actual hours. d. Calculate the labor price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U). e. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. f. Colculate the fixed cost spending variance. Indicate whether the variance is favorable (F) or unfavorable (U). 9. Calculate the fixed cost volume variance. Indicate whether the variance is favorable (F) or unfavorable (U) Complete this question by entering your answers in the tabs below. Calculate the materials price and usage variances. Indicate whether the variances are fovorable \\( (f) \\) or unfavorable (U). (Select \"None\" If there is no effect (i.e, zero variance).) Required a. Prepare a materials variance information table showing the standard price, the actual price, the standard quantity, and the actuai quantity b. Calculate the materials price and usage varlances, Indicate whether the variances are favorable ( \\( F \\) ) or unfavorable (U). c. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the actual hours. d. Calculate the Jabor price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U). e. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. f. Calculate the fixed cost spending variance. Indicate whether the variance is favorable (F) or unfavorable (U). 9. Calculate the fixed cost volume variance, Indicate whether the variance is favorable (F) or unfavorable (U). Complete this question by entering your answers in the tabs below. Prepare a labor variance information table showing the standard price, the bctual price, the standard hours, and the actual hours. (Round \"Standard price\" and \"Actual price\" to 2 decimal places.) Required a. Prepare a materials variance information table showing the standord price, the octual price, the standard quantity, and the actual quantity. b. Calculate the materials price and usage variances. Indicate whether the variances are fovorable (F) or unfovorable (U). c. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the octual hours. d. Calculate the labor price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U) e. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. 1. Calculate the fixed cost spending variance. Indicate whether the variance is favorable (F) or unfavorable (U) 9. Calculate the fixed cost volume variance. Indicate whether the variance is favorable ( \\( \\mathrm{F} \\) ) or unfavorable (U). Complete this question by entering your answers in the tabs below. Calculate the labor price and usage variances. Indicate whether the variances are favorable ( \\( F \\) ) or unfavorable (U). (Select \"None\" if there is no effect (i.e, zero variance).) Required a. Prepare a materiais variance information table showing the standard price, the octual price, the standard quantity, and the actual quantity. b. Calculate the materials price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U). c. Prepare a labor variance information table showing the standard price, the actual price, the standard hours, and the actual hours. d. Calculate the labor price and usage variances. Indicate whether the variances are favorable (F) or unfavorable (U). e. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. f. Calculate the fixed cost spending variance. Indicate whether the variance is favorable (F) or unfavorable (U). 9. Calculate the fixed cost volume variance. Indicate whether the variance is favorable (F) or unfavorable (U). Complete this question by entering your answers in the tabs below. Calculate the predetermined overhead rate, assuming that Quentin uses the number of units as the allocation base. Calculate the fixed cost spending variance and the fixed cost volume variance. Indicate whether the variance is favorable (F) or unfavorable \\( (U) \\) ). (Round \"Predetermined overhead rate\" answer to 2 decimal places. Select \"None\" if there is no effect (i.e., zero variance).)
