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Required information Use the following information for the Exercises below. [The following information applies to the...
Required information The following information applies to the questions displayed below) A manufactured product has the...
Required information The following information applies to the questions displayed below) A manufactured product has the following information for June Standard Direct materials (6 lbs. 58 per lb.) (2 hrs. @ 516 per Direct labor hr.) Overhead (2 hrs. $12 per hr.) Units manufactured Actual lbs. 48, see $8.10 per Ib. 15.20 hrs. $16.50 per 15,700 $198,000 8,000 Compute the direct labor rate variance and the direct labor efficiency variance Indicate whether each variance is favorable or unfavorable AH -...
Required information Use the following information for the Exercises below. [The following information applies to the...
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below A manufactured product has the following information for June. Standard (5 lbs. $8 per lb.) (2 hrs.$16 per hr.) (2 hrs. $12 per hr.) Actual 38,400 1bs. e $8.20 per lb 14,800 hrs. $16.50 per hr. $187,900 7,600 Direct materials Direct labor Overhead Units manufactured Exercise 21-9 Direct materials variances LO P2 Compute the direct materials price variance and the direct...
Required information [The following information applies to the questions displayed below.] A manufactured product has the...
Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June Standard (7 lbs.@ $9 per lb.) (3 hrs. @ $16 per hr.) (3 hrs. @ $12 per hr.) Actual Direct materials Direct labor Overhead Units manufactured 62,000 lbs. @ $9.20 per lb. 26,000 hrs. @ $16.50 per hr. $323,000 8,800 Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable....
Check my work Part 3 of 3 Required information Use the following information for the Exercises...
Check my work Part 3 of 3 Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) 1.11 A manufactured product has the following information for June. points Skipped Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ $8 per lb.) (3 hrs. @ $16 per hr.) (3 hrs. @ $11 per hr.) Actual 44,300 lbs. @ $8.20 per lb. 21,700 hrs. @ $16.50 per hr. $245,900 7,300 eBook...
Required information Use the following information for the Exercises below. The following information applies to the...
Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ $9 per lb.) 3 hrs. @ $15 per hr.) (3 hrs. @ $12 per hr.) Actual 53,900 lbs. @ $9.20 per lb. 26,400 hrs. @ $15.40 per hr. $327,300 8,900 (1) Compute the standard cost per unit. Direct materials Direct labor...
Required information [The following information applies to the questions displayed below.) A manufactured product has the...
Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Standard 5 lbs. @ $8 per lb. 3 hrs. @ $17 per hr. 3 hrs. @ $13 per hr. Actual 42.100 lbs. lbs. @ $8.20 per lb. 24,500 hrs. @ $17.50 per hr. $329,000 Direct labor Overhead Units manufactured 8,300 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance...
The following information applies to the questions displayed below.) A manufactured product has the following information...
The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Actual 48,500 lbs. @ $8.10 per lb. 15,700 hrs. @ $16.50 per hr. $198,000 8,000 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting for...
Required information [The following information applies to the questions displayed below] A manufactured product has the...
Required information [The following information applies to the questions displayed below] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ $7 per lb.) (2 hrs. $16 per hr.) (2 hrs. @ $13 per hr.) Actual 44.3e9 lbs. @ $7.10 per lb. 14,300 hrs. $16.50 per hr. $196,700 7,300 (1) Compute the standard cost per unit Direct materials Direct labor Overhead Total (2) Compute the total cost variance for June,...
Required information [The following information applies to the questions displayed below.) A manufactured product has the...
Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 5 lbs. @ $8 per lb. 3 hrs. @ $17 per hr. 3 hrs. @ $13 per hr. Actual 42,100 lbs. @ $8.20 per lb. 24,500 hrs. @ $17.50 per hr. $329,000 8,300 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by...
Required information The following information applies to the questions displayed below Part 2 of 3 A...
Required information The following information applies to the questions displayed below Part 2 of 3 A manufactured product has the following information for June. 9.09 points Actual Standard (6 lbs. s8 per lb.) (2 hrs.$16 per hr.) (2 hrs. $12 per hr.) 48,500 1bs. s.10 per 1b. 15,700 hrs. $16.50 per hr. $198,000 8,000 Direct materials Direct labor Skipped Overhead Units manufactured efook Compute the direct materials price variance and the direct materials quantity varlance. Indicate whether each variance is...
Required information The following information applies to the questions displayed below) A manufactured product has the following information for June Standard Direct materials (6 lbs. 58 per lb.) (2 hrs. @ 516 per Direct labor hr.) Overhead (2 hrs. $12 per hr.) Units manufactured Actual lbs. 48, see $8.10 per Ib. 15.20 hrs. $16.50 per 15,700 $198,000 8,000 Compute the direct labor rate variance and the direct labor efficiency variance Indicate whether each variance is favorable or unfavorable AH -...
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below A manufactured product has the following information for June. Standard (5 lbs. $8 per lb.) (2 hrs.$16 per hr.) (2 hrs. $12 per hr.) Actual 38,400 1bs. e $8.20 per lb 14,800 hrs. $16.50 per hr. $187,900 7,600 Direct materials Direct labor Overhead Units manufactured Exercise 21-9 Direct materials variances LO P2 Compute the direct materials price variance and the direct...
Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June Standard (7 lbs.@ $9 per lb.) (3 hrs. @ $16 per hr.) (3 hrs. @ $12 per hr.) Actual Direct materials Direct labor Overhead Units manufactured 62,000 lbs. @ $9.20 per lb. 26,000 hrs. @ $16.50 per hr. $323,000 8,800 Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable....
Check my work Part 3 of 3 Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) 1.11 A manufactured product has the following information for June. points Skipped Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ $8 per lb.) (3 hrs. @ $16 per hr.) (3 hrs. @ $11 per hr.) Actual 44,300 lbs. @ $8.20 per lb. 21,700 hrs. @ $16.50 per hr. $245,900 7,300 eBook...
Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ $9 per lb.) 3 hrs. @ $15 per hr.) (3 hrs. @ $12 per hr.) Actual 53,900 lbs. @ $9.20 per lb. 26,400 hrs. @ $15.40 per hr. $327,300 8,900 (1) Compute the standard cost per unit. Direct materials Direct labor...
Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Standard 5 lbs. @ $8 per lb. 3 hrs. @ $17 per hr. 3 hrs. @ $13 per hr. Actual 42.100 lbs. lbs. @ $8.20 per lb. 24,500 hrs. @ $17.50 per hr. $329,000 Direct labor Overhead Units manufactured 8,300 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance...
The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $8 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Actual 48,500 lbs. @ $8.10 per lb. 15,700 hrs. @ $16.50 per hr. $198,000 8,000 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting for...
Required information [The following information applies to the questions displayed below] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard (6 lbs. @ $7 per lb.) (2 hrs. $16 per hr.) (2 hrs. @ $13 per hr.) Actual 44.3e9 lbs. @ $7.10 per lb. 14,300 hrs. $16.50 per hr. $196,700 7,300 (1) Compute the standard cost per unit Direct materials Direct labor Overhead Total (2) Compute the total cost variance for June,...
Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 5 lbs. @ $8 per lb. 3 hrs. @ $17 per hr. 3 hrs. @ $13 per hr. Actual 42,100 lbs. @ $8.20 per lb. 24,500 hrs. @ $17.50 per hr. $329,000 8,300 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by...
Required information The following information applies to the questions displayed below Part 2 of 3 A manufactured product has the following information for June. 9.09 points Actual Standard (6 lbs. s8 per lb.) (2 hrs.$16 per hr.) (2 hrs. $12 per hr.) 48,500 1bs. s.10 per 1b. 15,700 hrs. $16.50 per hr. $198,000 8,000 Direct materials Direct labor Skipped Overhead Units manufactured efook Compute the direct materials price variance and the direct materials quantity varlance. Indicate whether each variance is...
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