Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

www. BUSS Trys CROSS Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card

image text in transcribed
image text in transcribed
www. BUSS Trys CROSS 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 Standard Unit Cost $ 0.39 Standard Quantity Standard Rate Standard Rate 1.3 OZ. S0.30 per oz 11 gal. $0.04 per gal 0.85 hr. $9.00 per hr. Shampoo Water Direct labor 044 7.65 During the month of July, Colin's employees gave 310 baths. The actual results were 705 ounces of shampoo used (cost of $232.65), 6,100 gallons of water used cost of $427) and labor costs for 250 hours (cost of $2,600). Required: 1. 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.) Shampo Direct Material Price Variance Direct Material Quantity Variance for favorable for unfavorable Round your answers to 2. Calculate Suds & Cuts direct labor variances for the month of July (indicate the effect of each variance by selecting MacBook Pro - - 2. Calculate Suds & Cuts direct labor variances for the month of July (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your answer nearest dollar amount.) Direct Labor Rate Variance Direct Labor Efficiency Variance Hints References eBook & Resources Hint 1 Check my work -_ -_-- MacBookpro

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Message Brand And Dollars Auditing Marketing Operations

Authors: J. Mike Jacka, Peter R. Scott

1st Edition

163454000X, 9781634540001

More Books

Students also viewed these Accounting questions