X Chapter 11 - Appendix 11A Re Quiz 2 online C Solved: Which of these is not a C Search Textbook Solutions onnect.mheducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findexhtml%23%2Fregistration. Esignup. Saved Help Seve Ede Clarissa McWhirter, vice-president of Cyprus Company, was pleased to see a small variance on the income statement after the trouble the company had been having in controlling manufacturing costs. She noted that the $38.110 overall manufacturing variance reported last period was well below the 3% limit that had been set for variances. The company produces and sells a single product The standard cost card for the product follows: Standard Cost Card-Per Unit Direct materials, 4 metres at $3.00 per metre Direct labour, 1.6 direct labour-hours at 58.5 per direct labour-hour Variable overhead, 1.6 direct labour-hours at $2.8 per direct labour-hour Fixed overhead, 1.6 dirett labour-hours at 58 per direct labour hour Standard cost per unit The following additional information is available for the yea ulust completed 0. The company manufactured 33,000 units of product during the b. A total of 131000 metres of material was purchased during the year a manufacture the 33 000 units. There were no beginning of ending The company worked 55,100 direct labour hours duridatif yo 1932 n g es duri 5 908 nth X a Chapter 11- Appendix 11A Rex Quiz 2 online Solved: Which of these is not x C Sewch Testbook Sho onnect.mheducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findexhtml%23%2Fregistration x tigua ne 0 Saved Help Save The following additional information is available for the year just completed a. The company manufactured 33,000 units of product during the year. b. A total of 131,000 metres of material was purchased during the year at a cost of $3.90 per metre. All of this material was used to manufacture the 33,000 units. There were no beginning or ending inventories for the year c. The company worked 55,100 direct labour-hours during the year at a cost of $8.40 per hour d. Overhead cost is applied to products on the basis of standard direct labour hours. Data relating to manufacturing overhead cost follow: Denominator activity level (direct labour-hours) Budgeted fixed overhead costs (from the flexible budget) Actual fixed overhead costs Actual variable overhead costs 53,00 410,400 423,150 155,660 $ Required: 1. Compute the direct materials price and quantity variances for the year indicate the effect of favorable. "U" for unfavorable, and "None" for no effect (Le. Tero variancel) Materials price variance Materials quantity variance e o search U Solved: Which of these is not x C Search Textbook Solutions * + heducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration 2 signup.. 8 Seved Help Save & Exh Submit 2. Compute the direct labour rate and efficiency variances for the year indicate the effect of each variance by selecting F for favorable, for unfavorable, and "None" for no effectie. zero variance LOUT Bte verance Labour ciency variance 16 20 Next > le 11 - Appenda 11A Rex Quiz 2 online * C Solved. Which of these is not x C Search Textbook Solution + ctmheducation.com/flow/connecthtml?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsignup. Saved Help Save & Ext S 3. For manufacturing overhead, compute the following .. The variable overhead spending and efficiency variances for the year. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance).) Variable overhead spending variance Variable overhead officiency variance Quiz 2 online * Solved: Which of these is not. * Search Textbook Solutions | x + mheducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsignup... Help Seve & Est b. The fixed overhead budget and volume variances for the year. (Indicate the effect of each variance by selecting "F" for favorable "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Fixed overhead budget variance Fbred overhead volume varia NON US + LUULUMTow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.htm123%2Fregistration%2Fsignup Saved Help Save Exit Sub 4. Compute the total variance (Indicate the effect of each variance by selecting "F" for favorable, "Ufor unfavorable, and "None for no effect (.e., zero variance). Input all amounts as positive values.) Total variance AMINO Bew X Chapter 11 - Appendix 11A Re Quiz 2 online C Solved: Which of these is not a C Search Textbook Solutions onnect.mheducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findexhtml%23%2Fregistration. Esignup. Saved Help Seve Ede Clarissa McWhirter, vice-president of Cyprus Company, was pleased to see a small variance on the income statement after the trouble the company had been having in controlling manufacturing costs. She noted that the $38.110 overall manufacturing variance reported last period was well below the 3% limit that had been set for variances. The company produces and sells a single product The standard cost card for the product follows: Standard Cost Card-Per Unit Direct materials, 4 metres at $3.00 per metre Direct labour, 1.6 direct labour-hours at 58.5 per direct labour-hour Variable overhead, 1.6 direct labour-hours at $2.8 per direct labour-hour Fixed overhead, 1.6 dirett labour-hours at 58 per direct labour hour Standard cost per unit The following additional information is available for the yea ulust completed 0. The company manufactured 33,000 units of product during the b. A total of 131000 metres of material was purchased during the year a manufacture the 33 000 units. There were no beginning of ending The company worked 55,100 direct labour hours duridatif yo 1932 n g es duri 5 908 nth X a Chapter 11- Appendix 11A Rex Quiz 2 online Solved: Which of these is not x C Sewch Testbook Sho onnect.mheducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findexhtml%23%2Fregistration x tigua ne 0 Saved Help Save The following additional information is available for the year just completed a. The company manufactured 33,000 units of product during the year. b. A total of 131,000 metres of material was purchased during the year at a cost of $3.90 per metre. All of this material was used to manufacture the 33,000 units. There were no beginning or ending inventories for the year c. The company worked 55,100 direct labour-hours during the year at a cost of $8.40 per hour d. Overhead cost is applied to products on the basis of standard direct labour hours. Data relating to manufacturing overhead cost follow: Denominator activity level (direct labour-hours) Budgeted fixed overhead costs (from the flexible budget) Actual fixed overhead costs Actual variable overhead costs 53,00 410,400 423,150 155,660 $ Required: 1. Compute the direct materials price and quantity variances for the year indicate the effect of favorable. "U" for unfavorable, and "None" for no effect (Le. Tero variancel) Materials price variance Materials quantity variance e o search U Solved: Which of these is not x C Search Textbook Solutions * + heducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration 2 signup.. 8 Seved Help Save & Exh Submit 2. Compute the direct labour rate and efficiency variances for the year indicate the effect of each variance by selecting F for favorable, for unfavorable, and "None" for no effectie. zero variance LOUT Bte verance Labour ciency variance 16 20 Next > le 11 - Appenda 11A Rex Quiz 2 online * C Solved. Which of these is not x C Search Textbook Solution + ctmheducation.com/flow/connecthtml?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsignup. Saved Help Save & Ext S 3. For manufacturing overhead, compute the following .. The variable overhead spending and efficiency variances for the year. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance).) Variable overhead spending variance Variable overhead officiency variance Quiz 2 online * Solved: Which of these is not. * Search Textbook Solutions | x + mheducation.com/flow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.html%23%2Fregistration%2Fsignup... Help Seve & Est b. The fixed overhead budget and volume variances for the year. (Indicate the effect of each variance by selecting "F" for favorable "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Fixed overhead budget variance Fbred overhead volume varia NON US + LUULUMTow/connect.html?returnUrl=https%3A%2F%2Fconnect.mheducation.com%2Fpaamweb%2Findex.htm123%2Fregistration%2Fsignup Saved Help Save Exit Sub 4. Compute the total variance (Indicate the effect of each variance by selecting "F" for favorable, "Ufor unfavorable, and "None for no effect (.e., zero variance). Input all amounts as positive values.) Total variance AMINO Bew