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X Question Help Requirements O * Data Table et materials and direct manufacturing labor, d. 1. For the month of April, compute the following variances,
X Question Help Requirements O * Data Table et materials and direct manufacturing labor, d. 1. For the month of April, compute the following variances, indicating whether each is favorable (F) or unfavorable (U). a. Direct materials price variance (based on purchases) b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Variable manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance h. Fixed manufacturing overhead spending variance 2. Can Douglas use any of the variances to help explain any of the other variances? Give examples. At the beginning of 2017, DDC budgeted annual production of 410,000 doorknobs and adopted the following standards for each doorknob: Input Cost Doorknob Direct materials (brass) 0.3 ib. @ $8/1b. S 2.40 Direct manufacturing labor 1.2 hours @ $20/hour 24.00 Variable manufacturing overhead $7/b x 0.3 lb. 2.10 4.20 Fixed manufacturing overhead $14/1b. x 0.3 lb $ 32.70 Standard cost per doorknob Print Done Print Done Actual results for April 2017 were as follows: Production 33,000 doorknobs Direct materials purchased 13,000 lb. at $11/b. Direct materials used 9,000 lbs. Direct manufacturing labor 29,100 hours for $698,400 Variable manufacturing overhead $65,000 Fixed manufacturing overhead $154,000 Enter any number in the edit fields and then click Check Answer. . 14 parts Chock Answer Check Answer remaining O 01 ? 4:11 PM 3/23/2021
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