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The following information describes a companys direct labor usage in a recent period. Actual direct labor hours used (AH) 57,000 Actual direct labor rate per

The following information describes a companys direct labor usage in a recent period. Actual direct labor hours used (AH) 57,000 Actual direct labor rate per hour (AR) $ 16 Standard direct labor rate per hour (SR) $ 15 Standard direct labor hours for units produced (SH) 58,700 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance.\image text in transcribed

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AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance. Answer is not complete. Actual Cost Standard Cost AH AR AH SR SH SR 0 $ 0 $ 0 Direct labor rate variance Direct labor efficiency variance Total direct labor variance 0 Beech Company produced and sold 108,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,270,000; variable costs, $840,000; and fixed costs, $210,000. The following actual financial results are available for May. Sales (108,000 units) Variable costs Fixed costs Actual $1,248,000 810,500 210,000 Prepare a flexible budget performance report for May. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) BEECH COMPANY Flexible Budget Performance Report For Month Ended May 31 Flexible Budget Actual Results Variances Favorable! Unfavorable Unfavorable Income from operations Income from operations Favorable Contribution margin 0 0 Favorable No variance Income from operations Fixed costs $ 0 $ 0 Favorable Required information [The following information applies to the questions displayed below.) BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $24 per kg and 0.35 direct labor hours at $26 per hour. Overhead is assigned at the rate of $36 per direct labor hour. What amounts would appear on a standard cost card for BatCo? (Round your final answers to 2 decimal places.) Qty per Unit Cost per Input Std. Cost per Unit Direct materials Direct labor Overhead

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