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For each of the following independent cases, fill in the missing amounts: (Indicate the effect of...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your per unit rates to 2 decimal places.) Kevin, Inc. Jess Company Casey Co. 2,700 4.90 Valerie, Inc. 1,000 Units produced Standard hours per unit 190 1.60 2,560 608 12.00 $ $ $ 29.20 12,700 2,670 Standard hours Standard rate per hour Actual hours worked Actual labor cost Direct labor rate variance Direct...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your per unit rates to 2 decimal places.) Casey Co. Kevin, Inc. Jess Company 85 Valerie, Inc. 1,000 1,300 2.10 0.60 360 153 13.00 $ $ $ Units produced Standard hours per unit Standard hours Standard rate per hour Actual hours worked Actual labor cost Direct labor rate variance Direct labor efficiency variance...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your per unit rates to 2 decimal places.) Kevin, Inc. Jess Company Valerie, Inc. Casey Co. 2,400 4.30 160 1,000 1.30 1,690 464 11.00 $ $ $ Units produced Standard hours per unit Standard hours Standard rate per hour Actual hours worked Actual labor cost Direct labor rate variance Direct labor efficiency variance...
For each of the following independent cases, fill in the missing amounts in the table: (Indicate...
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Direct Labor Rate Direct Labor Direct Labor Case Variance Efficiency Variance Spending Variance 2,800 F 1,550 U $ $ А 1,900 U 1,200 F $ $ В 3,400 F 1,800 F $ $ C 4,100 U 1,300 U $ $ D 1,900 F 2,750 U $ $ Е 1,950 U 1,450...
For each of the following independent cases, fill in the missing amounts in the table: (Indicate...
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). caca Direct Labor Rate Variance Direct Labor Efficiency Direct Labor Spending Variance Variance $ 1,700 F A B C | D $ $ $ 1,000 U 1,750 F 1,250 F $ $ $ 3,000 U 2,300 F 3,000 U 2,200 U $ $...
Jess Company Valerie Inc Units produced: 220 1,000 Standard Hours per unit: 3.5 Standard Hours: 770 Stand...
Jess Company Valerie Inc Units produced: 220 1,000 Standard Hours per unit: 3.5 Standard Hours: 770 Standard Rate per Hour: 10 10 Actual Hours Worked: 18,900 Actual Labor Cost: 6300 110,000 Direct Labor Rate Variance:400 Direct Labor Efficiency Variance: 6400 Please help me to fill in the blanks of this chart!
1) 2) For each of the following independent cases, fill in the missing amounts in the...
1)
2)
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effe "F" for favorable, "U" for unfavorable.) Direct Labor Rate Variance Direct Labor Efficiency Variance Spending Variance Case Direct Labor A 800 U $ 1,300 F B 1,950 F 3.400 U $ 1,050 F 1,900 F 2,600 U 550 U D 1,150 F 2,000 U $ 700 U $ 1,200 U FP For each of the following independent cases, fill in...
fill in the missing numbers Consider the following data provided for each of the following independent...
fill in the missing numbers
Consider the following data provided for each of the following independent cases. For each case assume that the business uses a standard cost system and a flexible budget to control variable and fixed manufacturing overhead, and applies manufacturing overhead on the basis of direct labour hours. Fill in the blanks for each case, and indicate whether the variances are favourable (F) or unfavourable (U). Phi Company Pho Company Number of labour hours budgeted $10,600 hrs...
Kropf Inc. has provided the following data concerning one of the products in its standard cost...
Kropf Inc. has provided the
following data concerning one of the products in its standard cost
system. Variable manufacturing overhead is applied to products on
the basis of direct labor-hours. Inputs Standard Quantity or Hours
per Unit of Output Standard Price or Rate Direct materials 8.60
liters $ 8.20 per liter Direct labor 0.70 hours $ 26.70 per hour
Variable manufacturing overhead 0.70 hours $ 7.10 per hour The
company has reported the following actual results for the product
for...
27 Hurren Corporation makes a product with the following standard costs: Standard Cost Standard Quantity or Standard...
27
Hurren Corporation makes a product with the following standard costs: Standard Cost Standard Quantity or Standard Price or Per Unit Rate Hours $22.40 $4.00 per gram 5.6 grams Direct materials $36.10 $19.00 per hour 1,9 hours Direct labor $7.60 $4.00 per hour 1.9 hours Varlable overhead The company reported the following results concerning this product in June. Originally budgeted output 5,400 units Actual output 5,300 units Raw materials used in production 28,500 grams Actual direct labor-hours 5,700 hours Purchases...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your per unit rates to 2 decimal places.) Kevin, Inc. Jess Company Casey Co. 2,700 4.90 Valerie, Inc. 1,000 Units produced Standard hours per unit 190 1.60 2,560 608 12.00 $ $ $ 29.20 12,700 2,670 Standard hours Standard rate per hour Actual hours worked Actual labor cost Direct labor rate variance Direct...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your per unit rates to 2 decimal places.) Casey Co. Kevin, Inc. Jess Company 85 Valerie, Inc. 1,000 1,300 2.10 0.60 360 153 13.00 $ $ $ Units produced Standard hours per unit Standard hours Standard rate per hour Actual hours worked Actual labor cost Direct labor rate variance Direct labor efficiency variance...
For each of the following independent cases, fill in the missing amounts: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your per unit rates to 2 decimal places.) Kevin, Inc. Jess Company Valerie, Inc. Casey Co. 2,400 4.30 160 1,000 1.30 1,690 464 11.00 $ $ $ Units produced Standard hours per unit Standard hours Standard rate per hour Actual hours worked Actual labor cost Direct labor rate variance Direct labor efficiency variance...
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Direct Labor Rate Direct Labor Direct Labor Case Variance Efficiency Variance Spending Variance 2,800 F 1,550 U $ $ А 1,900 U 1,200 F $ $ В 3,400 F 1,800 F $ $ C 4,100 U 1,300 U $ $ D 1,900 F 2,750 U $ $ Е 1,950 U 1,450...
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). caca Direct Labor Rate Variance Direct Labor Efficiency Direct Labor Spending Variance Variance $ 1,700 F A B C | D $ $ $ 1,000 U 1,750 F 1,250 F $ $ $ 3,000 U 2,300 F 3,000 U 2,200 U $ $...
1)
2)
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effe "F" for favorable, "U" for unfavorable.) Direct Labor Rate Variance Direct Labor Efficiency Variance Spending Variance Case Direct Labor A 800 U $ 1,300 F B 1,950 F 3.400 U $ 1,050 F 1,900 F 2,600 U 550 U D 1,150 F 2,000 U $ 700 U $ 1,200 U FP For each of the following independent cases, fill in...
fill in the missing numbers
Consider the following data provided for each of the following independent cases. For each case assume that the business uses a standard cost system and a flexible budget to control variable and fixed manufacturing overhead, and applies manufacturing overhead on the basis of direct labour hours. Fill in the blanks for each case, and indicate whether the variances are favourable (F) or unfavourable (U). Phi Company Pho Company Number of labour hours budgeted $10,600 hrs...
Kropf Inc. has provided the
following data concerning one of the products in its standard cost
system. Variable manufacturing overhead is applied to products on
the basis of direct labor-hours. Inputs Standard Quantity or Hours
per Unit of Output Standard Price or Rate Direct materials 8.60
liters $ 8.20 per liter Direct labor 0.70 hours $ 26.70 per hour
Variable manufacturing overhead 0.70 hours $ 7.10 per hour The
company has reported the following actual results for the product
for...
27
Hurren Corporation makes a product with the following standard costs: Standard Cost Standard Quantity or Standard Price or Per Unit Rate Hours $22.40 $4.00 per gram 5.6 grams Direct materials $36.10 $19.00 per hour 1,9 hours Direct labor $7.60 $4.00 per hour 1.9 hours Varlable overhead The company reported the following results concerning this product in June. Originally budgeted output 5,400 units Actual output 5,300 units Raw materials used in production 28,500 grams Actual direct labor-hours 5,700 hours Purchases...
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