Homework Answers
Direct labor cost variance = standard cost - actual cost
= 6900*0.5*16 - 6900*0.2*13
= $37260 Favorable
Direct labor efficiency variance = (standard hour - actual hour)*standard cost
= (6900*0.5 - 6900*0.2)*16
= $33120 Favorable
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co....
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead Incurred for the manufacture of 7,200 tires were as follows: Standard Costs Actual Costs Direct materials 9,400 lbs. at $5.50 9,300 lbs. at $5.40 Direct labor 1,800 hrs. at $17.60 1,840 hrs. at $17.90 Factory overhead Rates per direct labor hr. based on 100% of normal capacity of...
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co....
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 7,200 tires were as follows: Standard Costs Actual Costs 9,300 lbs. at $5.40 Direct materials 9,400 lbs. at $5.50 1,800 hrs. at $17.60 1,840 hrs. at $17.90 Direct labor Factory overhead Rates per direct labor hr., based on 100% of normal capacity of...
P13-5 Direct materials and direct labor, variance analysis; factory overhead cost variance analysis Route 66 Tire...
P13-5 Direct materials and direct labor, variance analysis; factory overhead cost variance analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 10,000 tires were as follows: Standard Costs Direct materials Direct labor Factory overhead Actual Costs 83,800 lbs. at $6.17 4,450 hrs. at $21.00 85,000 lbs. at $6.25 4,000 hrs. at $20.80 Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufactu of 6,800 units of product were as follows: Standard Costs Actual Costs Direct materials 8,800 lb. at $4.80 8,700 lb. at $4.70 1,700 hrs. at $16.10 1,740 hrs. at $16.50 Direct labor Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,800 units of product were as follows: Actual Costs 6,100 lb. at $5.60 1,230 hrs. at $18.60 Standard Costs Direct materials 6,200 lb. at $5.80 Direct labor 1,200 hrs. at $18.20 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct laborar Direct materials Direct labor Factory overhead Actual Costs 262,500 lbs. at $5.10 19,950 hrs. at $17.10 Standard Costs 265,200 lbs. at $5.30 19,500 hrs. at $16.80 Rates per direct labor hr. based on 100% of normal capacity of 20,350 direct labor hrs.: Variable cost, $2.90 Fixed cost, $4.60 $55,980 variable cost $93,610...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 6,400 units of product were as follows: Standard Costs Actual Costs 8,200 lb. at $5.70 1,640 hrs. at $16.90 Direct materials 8,300 lb. at $5.80 Direct labor 1,600 hrs. at $16.50 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 7,600 units of product were as follows: Standard Costs Actual Costs Direct materials 9,900 lb. at $4.90 9,800 lb. at $4.70 Direct labor 1,900 hrs. at $16.40 1,940 hrs. at $16.70 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical in...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 74,000 units of product were as follows: Standard Costs Actual Costs Direct materials 207,200 lbs. at $5.20 205,100 lbs. at $5.00 Direct labor 18,500 hrs. at $16.90 18,930 hrs. at $17.20 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,400 units of product were as follows: Standard Costs Actual Costs Direct materials 5,700 lb. at $5.10 5,600 lb. at $5.00 Direct labor 1,100 hrs. at $18.00 1,130 hrs. at $18.20 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead Incurred for the manufacture of 7,200 tires were as follows: Standard Costs Actual Costs Direct materials 9,400 lbs. at $5.50 9,300 lbs. at $5.40 Direct labor 1,800 hrs. at $17.60 1,840 hrs. at $17.90 Factory overhead Rates per direct labor hr. based on 100% of normal capacity of...
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 7,200 tires were as follows: Standard Costs Actual Costs 9,300 lbs. at $5.40 Direct materials 9,400 lbs. at $5.50 1,800 hrs. at $17.60 1,840 hrs. at $17.90 Direct labor Factory overhead Rates per direct labor hr., based on 100% of normal capacity of...
P13-5 Direct materials and direct labor, variance analysis; factory overhead cost variance analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 10,000 tires were as follows: Standard Costs Direct materials Direct labor Factory overhead Actual Costs 83,800 lbs. at $6.17 4,450 hrs. at $21.00 85,000 lbs. at $6.25 4,000 hrs. at $20.80 Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufactu of 6,800 units of product were as follows: Standard Costs Actual Costs Direct materials 8,800 lb. at $4.80 8,700 lb. at $4.70 1,700 hrs. at $16.10 1,740 hrs. at $16.50 Direct labor Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,800 units of product were as follows: Actual Costs 6,100 lb. at $5.60 1,230 hrs. at $18.60 Standard Costs Direct materials 6,200 lb. at $5.80 Direct labor 1,200 hrs. at $18.20 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct laborar Direct materials Direct labor Factory overhead Actual Costs 262,500 lbs. at $5.10 19,950 hrs. at $17.10 Standard Costs 265,200 lbs. at $5.30 19,500 hrs. at $16.80 Rates per direct labor hr. based on 100% of normal capacity of 20,350 direct labor hrs.: Variable cost, $2.90 Fixed cost, $4.60 $55,980 variable cost $93,610...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 6,400 units of product were as follows: Standard Costs Actual Costs 8,200 lb. at $5.70 1,640 hrs. at $16.90 Direct materials 8,300 lb. at $5.80 Direct labor 1,600 hrs. at $16.50 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
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