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This Question: 5 pts Alberto manufactures embroidered jackets. The company prepares flexible budgets and uses a standard cost system to control manufacturing costs. The following
This Question: 5 pts Alberto manufactures embroidered jackets. The company prepares flexible budgets and uses a standard cost system to control manufacturing costs. The following standard unit cost of a jacket is based on the static budget volume of 14,100 jackets per month: (Click the icon to view the cost data.) X Requirements * Data Table Manufacturing Overhead Variances Total overhead variance : Direct materials 3.0 sq.mx $4.10 per sq. m) $ 12.30 Actual overhead cost Direct labour ( 2 hours x $9.30 per hour) 18.60 Standard overhead allocated to production Manufacturing overhead: Total overhead variance Variable (2 hours x $0.66 per hour) ..... $ 132 5.52 4.20 Fixed $2.10 per hour) ( 2 hours Overhead flexible budget variante $36.42 Total cost per jacket...... Actual overhead cost Data for November of the current year include the following Flexible budget overhead for actual outputs a. Actual production was 13,700 jackets Overhead flexible budget variance b. Actual direct materials usage was 2.60 m per jacket at an actual cost of 5420 c. Actual direct labour usage of 25, 200 hours cost $239,400 Production volume variance d. Total actual overhead cost was $77,000 Flexible budget overhead for actual outputs Done Print Standard overhead allocated to production Production volume variance Requirement 3. Alberto's management intentionally purchased supenor materials for November production. How did this decision affect the other cost variances? Overall, was the decision wise? Explan The favourable vananes more than offset the unfavourable variances. In total, the favourable variances for exceed the unfavourable variances . perm? Choose from any list or enter any number in the input fields and then continue to the next question MacBook Air delete ESE 0 9 & 7 8 % 5 $ 4 2 # 6 P
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