the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U)....
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the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U). Data table n Data table ire dire Compl Actual results for April 2017 were as follows: At the beginning of 2017, DDC budgeted annual production of 420,000 doorknobs and adopted the following standards for each doorknob: Production 29,000 doorknobs Direct materials purchased Input Cost/Doorknob Direct materials used 12,400 lb. at $11/lb 8,500 lbs Direct materials (brass) 0.3 lb. @ $10/lb. $ 3.00 Direct manufacturing labor 29,200 hours for $671,600 Direct manufacturing labor 1.2 hours @ $17/hour 20.40 Variable manufacturing overhead $65,100 Variable manufacturing overhead Fixed manufacturing overhead Standard cost per doorknob $5/lb x 0.3 lb. 1.50 Fixed manufacturing overhead $158,000 $15/lb. x 0.3 lb. 4.50 $ 29.40 Print Done Print Done X the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U). Data table n Data table ire dire Compl Actual results for April 2017 were as follows: At the beginning of 2017, DDC budgeted annual production of 420,000 doorknobs and adopted the following standards for each doorknob: Production 29,000 doorknobs Direct materials purchased Input Cost/Doorknob Direct materials used 12,400 lb. at $11/lb 8,500 lbs Direct materials (brass) 0.3 lb. @ $10/lb. $ 3.00 Direct manufacturing labor 29,200 hours for $671,600 Direct manufacturing labor 1.2 hours @ $17/hour 20.40 Variable manufacturing overhead $65,100 Variable manufacturing overhead Fixed manufacturing overhead Standard cost per doorknob $5/lb x 0.3 lb. 1.50 Fixed manufacturing overhead $158,000 $15/lb. x 0.3 lb. 4.50 $ 29.40 Print Done Print Done X
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