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Use given infomation to find out the numbers in all cells that contain question marks. Plaese show your work, not just the final answers. Thanks?
Use given infomation to find out the numbers in all cells that contain question marks. Plaese show your work, not just the final answers. Thanks?
Data Exhibit 11-2: Standard Cost Card Inputs Standard Price $4.00 per pound $22.00 per hour $6.00 per hour Standard Quantity Direct materials Direct labor Variable manufacturing overhead 3.0 pounds 0.50 hours 0.50 hours Actual results Actual output Actual variable manufacturing overhead cost 2,000 units $7,140 Actual Quantity Actual direct materials cost Actual direct labor cost 6,500 pounds ,050 hours Actual price $3.80 per pound $21.60 per hour Enter a formula into each of the cells marked with a? below Main Example: Chapter 11 Exhibit 11-5: Standard Cost Variance Analysis-Direct Materials Standard Quantity Allowed for the Actual Output, at Standard Price Actual Quantity of Input, at Standard Price Actual Quantity of Input, at Actual Price Direct materials variances ? pounds x ? pounds x ? pounds x ? per pound = ? per pound = ? per pound = Materials quantity variance Materials price variance Materials spending variance Exhibit 11-6: Standard Cost Variance Analysis-Direct Labor Standard Hours Allowed for the Actual Output, at Standard Rate Actual Hours of Input, at Standard Rate Actual Hours of Input, at Actual Rate Direct labor variances ? hoursx ? hoursx ? hoursx ? per hour= ? per hour= ? per hour= Labor efficiency variance Labor rate variance Labor spending varianceStep by Step Solution
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