The Usca Compary produces engine parts for car manufacturers. A new accountant intem at Utica has accidentaly deleted the company's variance analysis calculations for the year ended December 31, 2020 . The following table is what remains of the data. (Click the icon to view the data.) Pead the teguitements Requirensent 1. Calculale all the required vaniances. (If your work is accurate you will find that the total static-budget variance is 50 .) Begin with the fecoble badget columns, then the sales volume varlance column. Label each variance as favorable (F) or unfavorable (U) (For variances with a 50 balance, make sure. 10 ester " "6" in the appropilate fold If the yariance is zero, do not select a label. Round your answeis to the nearest whiole dollar.) The Wayne Corporation manulactures lamps. It has set up the following standards per e that there was no beginning inventory of elther direct materials or finished finished unit for direct materials and direct manulacturing labor: (CKick the icon to view the standards) The number of finished units budgeted for January 2020 was 9,680;9,600 units were actially produced (Cick the icon to view actual data.) Requirement 1. Comprte the January 2020 price and efficiency variances of direct materials and direct manufacturing labor Lets begin by calcula5ing the actual incot at the budgoted pice. (Round your answers to the nearest whole dollar) The Usca Compary produces engine parts for car manufacturers. A new accountant intem at Utica has accidentaly deleted the company's variance analysis calculations for the year ended December 31, 2020 . The following table is what remains of the data. (Click the icon to view the data.) Pead the teguitements Requirensent 1. Calculale all the required vaniances. (If your work is accurate you will find that the total static-budget variance is 50 .) Begin with the fecoble badget columns, then the sales volume varlance column. Label each variance as favorable (F) or unfavorable (U) (For variances with a 50 balance, make sure. 10 ester " "6" in the appropilate fold If the yariance is zero, do not select a label. Round your answeis to the nearest whiole dollar.) The Wayne Corporation manulactures lamps. It has set up the following standards per e that there was no beginning inventory of elther direct materials or finished finished unit for direct materials and direct manulacturing labor: (CKick the icon to view the standards) The number of finished units budgeted for January 2020 was 9,680;9,600 units were actially produced (Cick the icon to view actual data.) Requirement 1. Comprte the January 2020 price and efficiency variances of direct materials and direct manufacturing labor Lets begin by calcula5ing the actual incot at the budgoted pice. (Round your answers to the nearest whole dollar)
