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Check my work Songsu Co. is struggling to control costs. We are hired as consultants to...
songsu Co. is struggling to control costs. we are hired as consultants to determine why the company's actual costs exce...
songsu Co. is struggling to control costs. we are hired as
consultants to determine why the company's actual costs exceed
budgeted costs. The tableau dashboard is provided for our
analysis.
OVERHEAD- ACTUAL COSTS
variable overhead: 101,000
fixed overhead: 68,000
OVERHEAD- STANDART COSTS
variable overhead- $12 per hour , 2 hours per unit.
fixed overhead - 6 per hour , 2 hours per unit.
ACTUAL UNITS MANUFATURED: 5,100 units
Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2,...
Hutto Corp. has set the following standard direct materials and direct labor costs per unit for...
Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures. $60 42 Direct materials (15 lba. e $4 per lb.) Direct labor (3 hrs. e $14 per hr.) During May the company incurred the following actual costs to produce 8,800 units. Direct materials (134,700 lbs. $3.80 per lb.) Direct labor (30,000 hrs. $14.10 per hr.). $511,860 423,000 AQ = Actual Quantity SQ - Standard Quantity AP = Actual Price SP...
Check my work Keea corp. nas set the following standard direct matenais and direct labor costs per unit for the p...
Check my work Keea corp. nas set the following standard direct matenais and direct labor costs per unit for the product it manufactures. Direct materials (15 lbs. $5 per lb.) Direct labor (3 hrs. $16.00 per hr.) $75 48 During June the company incurred the following actual costs to produce 8,800 units. Direct materials (134, 100 lbs. $4.75 per lb.) Direct labor (30,600 hrs $16.10 per hr.). $636,975 492.660 AQ = Actual Quantity SQ - Standard Quantity AP = Actual...
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...
Javonte Co. set standards of 3 hours of direct labor per unit of product and $15.60...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $15.60 per hour for the labor rate. During October, the
company uses 18,000 hours of direct labor at a $284,400 total cost
to produce 6,200 units of product. In November, the company uses
22,000 hours of direct labor at a $348,700 total cost to produce
6,600 units of product. AH = Actual Hours SH = Standard Hours AR =
Actual Rate SR = Standard Rate...
Reed Corp. has set the following standard direct materials and direct labor costs per unit for...
Reed Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (16 lbs. Direct labor (3 hrs. $5 per lb.) 085 per mbi $14.00 per hr.) $80 During June the company incurred the following actual costs to produce 8,700 units ped Direet materials (141,300 lbs. $4.70 per lb.) Direct labor (30,400 hrs. $14.15 per hr.). $664, 110 430,160 Book AQ - Actual Quantity SQ - Standard Quantity AP =...
Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufact...
Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures. Direct materials (15 lbs. @ $4 per lb.) Direct labor (3 hrs. @ $16 per hr.) $60 48 During May the company incurred the following actual costs to produce 8,300 units. Direct materials (126,700 lbs. @ $3.80 per lb.) Direct labor (28,500 hrs. @ $16.10 per hr.). $481,460 458,850 AQ = Actual Quantity SQ = Standard Quantity AP = Actual...
Reed Corp. has set the following standard direct materials and direct labor costs per unit for the product it man...
Reed Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (15 lbs. $5 per lb.) Direct labor (3 hrs. $15 per hr.) During June the company incurred the following actual costs to produce 8,300 units. Direct materials (127,200 lbs. 54.80 per lb.) Direct labor (28.900 hrs. $15.20 per hr.). 5610,560 439.289 AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price AH...
Tableau DA 8-2: Exercise, Direct materials variances LO P2 Songsu Co. is struggling to control costs....
Tableau DA 8-2: Exercise, Direct materials variances LO P2 Songsu Co. is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed budgeted costs. The Tableau Dashboard is provided for our analysis. Direct Materials Standard Actual Direct Labor Standard L Actual I $7 $17 6 lbs $14 4 lbs 11.1. 2.5 hrs 2 hrs Pounds Per Unit Price Per Pound Pounds Per Price Per Unit Pound Hours Per Unit Price Per Hour Hours...
songsu Co. is struggling to control costs. we are hired as
consultants to determine why the company's actual costs exceed
budgeted costs. The tableau dashboard is provided for our
analysis.
OVERHEAD- ACTUAL COSTS
variable overhead: 101,000
fixed overhead: 68,000
OVERHEAD- STANDART COSTS
variable overhead- $12 per hour , 2 hours per unit.
fixed overhead - 6 per hour , 2 hours per unit.
ACTUAL UNITS MANUFATURED: 5,100 units
Tableau DA 8-3: Mini-Case, Direct labor variances and overhead variances LO P2,...
Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures. $60 42 Direct materials (15 lba. e $4 per lb.) Direct labor (3 hrs. e $14 per hr.) During May the company incurred the following actual costs to produce 8,800 units. Direct materials (134,700 lbs. $3.80 per lb.) Direct labor (30,000 hrs. $14.10 per hr.). $511,860 423,000 AQ = Actual Quantity SQ - Standard Quantity AP = Actual Price SP...
Check my work Keea corp. nas set the following standard direct matenais and direct labor costs per unit for the product it manufactures. Direct materials (15 lbs. $5 per lb.) Direct labor (3 hrs. $16.00 per hr.) $75 48 During June the company incurred the following actual costs to produce 8,800 units. Direct materials (134, 100 lbs. $4.75 per lb.) Direct labor (30,600 hrs $16.10 per hr.). $636,975 492.660 AQ = Actual Quantity SQ - Standard Quantity AP = Actual...
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...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $15.60 per hour for the labor rate. During October, the
company uses 18,000 hours of direct labor at a $284,400 total cost
to produce 6,200 units of product. In November, the company uses
22,000 hours of direct labor at a $348,700 total cost to produce
6,600 units of product. AH = Actual Hours SH = Standard Hours AR =
Actual Rate SR = Standard Rate...
Reed Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (16 lbs. Direct labor (3 hrs. $5 per lb.) 085 per mbi $14.00 per hr.) $80 During June the company incurred the following actual costs to produce 8,700 units ped Direet materials (141,300 lbs. $4.70 per lb.) Direct labor (30,400 hrs. $14.15 per hr.). $664, 110 430,160 Book AQ - Actual Quantity SQ - Standard Quantity AP =...
Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures. Direct materials (15 lbs. @ $4 per lb.) Direct labor (3 hrs. @ $16 per hr.) $60 48 During May the company incurred the following actual costs to produce 8,300 units. Direct materials (126,700 lbs. @ $3.80 per lb.) Direct labor (28,500 hrs. @ $16.10 per hr.). $481,460 458,850 AQ = Actual Quantity SQ = Standard Quantity AP = Actual...
Reed Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (15 lbs. $5 per lb.) Direct labor (3 hrs. $15 per hr.) During June the company incurred the following actual costs to produce 8,300 units. Direct materials (127,200 lbs. 54.80 per lb.) Direct labor (28.900 hrs. $15.20 per hr.). 5610,560 439.289 AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price AH...
Tableau DA 8-2: Exercise, Direct materials variances LO P2 Songsu Co. is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed budgeted costs. The Tableau Dashboard is provided for our analysis. Direct Materials Standard Actual Direct Labor Standard L Actual I $7 $17 6 lbs $14 4 lbs 11.1. 2.5 hrs 2 hrs Pounds Per Unit Price Per Pound Pounds Per Price Per Unit Pound Hours Per Unit Price Per Hour Hours...
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