Use the following terms to complete the sentences that follow; terms may be used once, more than once, or not at all: Evanson Company expects to produce 568,000 units of their product during the year. Monthly production is expected to range from 40,000 to 80,000 units. The company has budgeted manufacturing costs per unit to be as follows: Prepare a flexible manufacturing budget using 20,000 unit increments. For each of the following independent cases, fill in, the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Acoma, Inc., has determined a standard direct materials cost per unit of $7.20 (2 feet $33.60 per foot). Last month, Acoma purchased and used 4,630 feet of direct materials for which it paid $16,205. The company produced and sold 2,180 units during the month. Calculate the direct materials price, quantity, and spending variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places.) Beverly Company has determined a standard variable overhead rate of $4.20 per direct labor hour and expects to incur 0.50 labor hour per unit produced. Last month, Beverly incurred 1,800 actual direct labor hours in the production of 3,700 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour, Calculate the variable overhead rate and efficiency variances as well as the total amount of over-or underapplied variable overhead. (indicate the effect of each variance by selecting " F " for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Olive Company makes silver belt buckles. The company's master budget appears in the first column of the table. Required: Complete the table by preparing Olive's flexible budget for 6,000,8,000, and 9,000 units. (Round your intermediate calculations to 2 decimal places.) Perfect Pet Collar Company makes custom leather, pet collars. The company expects each collar to require 2.25 feet of leather and predicts leather will cost $4.00 per foot. Suppose Perfect Pet made 75 collars during February. For these 75 collars, the company actually averaged 2.30 feet of leather per collar and paid $3.60 per foot. Required: 1. Calculate the standard direct materials cost per unit 2. Without performing any calculations, determine whether the direct materials price variance will be favorable or unfavorable. 3. Without performing any calculations, determine whether the direct materials quantity variance will be favorable or unfavorable. 6. Calculate the direct materials price and quantity variances. Complete this question by entering your answers in the tabs below. Calculate the standard direct materials cost per unit. (Round your answer to 2 decimal places.) Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 2.25 feet of leather and predicts leather will cost $4.00 per foot Suppose Perfect Pet made 75 collars during February. For these 75 collars, the company actually averaged 2.30 feet of leather per collar and paid $3.60 per foot. Required: 1. Calculate the standard direct materials cost per unit. 2. Without performing any calculations, determine whether the direct materials price variance will be favorable or unfavorable. 3. Without performing any calculations, determine whether the direct materials quantity variance will be favorable or unfavorable. 6. Calculate the direct materials price and quantity variances. Complete this question by entering your answers in the tabs below. 2. Without performing any calculations, determine whether the direct materials price variance will be favorable or unfavorable: 3. Without performing any calculations, determine whether the direct materials quantity variance will be favorable or unfavorable. Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 2.25 feet of leather and predicts leather will cost $4.00 per foot. Suppose Perfect Pet made 75 collars during February. For these 75 collars, the company actually averaged 2.30 feet of leather per collar and paid $3.60 per foot. Required: 1. Calculate the standard direct materials cost per unit. 2. Without performing any calculations, determine whether the direct materials price variance will be favorable or unfavorable. 3. Without performing any calculations, determine whether the direct materials quantity variance will be favorable or unfavorable. 6. Calculate the direct materials price and quantity variances. Complete this question by entering your answers in the tabs below. Calculate the direct materials price and quantity variances. (Round your intermediate calculations and final answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (li.e., zero variance).) Suds \& Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog buth glven: During the month of July. Collin's employees gove 340 baths. The actual results were 720 ounces of shampoo used (cost of $482.40 ) 6,400 gallions of woter used (cost of $448), and labor costs for 280 hours (cost of $3,080). Required: 1. Calculate Suds \& Cuts direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds \& Cuts direct labor variances for the month of July. Complete this question by entering your answers in the tabs below. Calculate Suds \& Cuts direct materials variances for both shampoo and water for the month of July. (Round your answers to 2 decimal places. Indicate the effect of each variance by selecting " F for favorable, "U" for unfavorable, and "None" for no effect (t.e. zero variance).) Suds \& Cuts is a local pet grooming shop owned by Collin Bark, Collin has prepared the following standard cost card for each dog bath given: During the month of July, Collin's employees gave 340 baths. The actual results were 720 ounces of shampoo used (cost of $482.40 ) 6,400 gations of water used (cost of $448 ), and labor costs for 280 hours (cost of $3,080) Required: 1. Calculate Suds \& Cuts direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds \& Cuts direct labor voriances for the month of July. Complete this question by entering your answers in the tabs below. Calculate Suds 8 Cuts direct labor variances for the month of July, (Indicate the effect of each variance ty seiecting for fovorable, "U" for unfavorable, and "Nane" for no effect (i.e, zero variance). Round yout answers to nearest dollar amounti,) Lamp Light Limited (LLL) manufactures lampshades. it applies variable overhead on the basis of direct labor hours. Information from LLL's standard cost card follows: During August, LLL had the following actual results: Required: Compute LLL's variable overhead rate variance, variable overhead efficiency variance, and over-or underapplied variable overhead. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance).)