Homework Answers
1.
|
Direct labor rate variance = (SR-AR) * AH = (21-21.84)*24,200 = 20,328 Unfavorable |
|
Direct labor time variance = (SH-AH) * SR = (2800*9-24,200)*21 = -21,000 Favourable (minus sign here) |
|
Total Cost variance = 20,328 U + 21,000 F = -672 Favourable (minus sign here) |
Add Answer to:
Direct Labor Variances Bellingham Company produces a product that requires 9 standard hours per unit at...
Direct Materials Variances Bellingham Company produces a product that requires 6 standard pounds per unit. The standard...
Direct Materials Variances Bellingham Company produces a product that requires 6 standard pounds per unit. The standard price is $10 per pound. If 6,300 units required 36,300 pounds, which were purchased at $10.3 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as negative number using a minus sign and an unfavorable variance as a positive number. 10,890 Unfavorable a. Direct materials price variance b....
Direct Materials Variances Bellingham Company produces a product that requires 15 standard pounds per unit. The...
Direct Materials Variances Bellingham Company produces a product that requires 15 standard pounds per unit. The standard price is $8 per pound. If 5,600 units required 87,400 pounds, which were purchased at $8.24 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance b. Direct...
Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per...
Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per unit at a standard hourly rate of $13.00 per hour. If 2,800 units used 20,400 hours at an hourly rate of $12.74 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance...
Direct Materials Variances Bellingham Company produces a product that requires 11 standard pounds per unit. The...
Direct Materials Variances Bellingham Company produces a product that requires 11 standard pounds per unit. The standard price is $6 per pound. If 2,000 units required 21,100 pounds, which were purchased at $6.18 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance Unfavorable X...
Direct Labor Variances Bellingham Company produces a product that requires 4 standard hours per unit at...
Direct Labor Variances Bellingham Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $13.00 per hour. If 5,700 units required 23,700 hours at an hourly rate of $12.48 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Direct Labor Variances Bellingham Company produces a product that requires 10 standard direct labor hours per...
Direct Labor Variances Bellingham Company produces a product that requires 10 standard direct labor hours per unit at a standard hourly rate of $19.00 per hour. If 4,600 units used 46,900 hours at an hourly rate of $18.05 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $18.00 per hour. If 6,200 units required 18,200 hours at an hourly rate of $18.90 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $22.00 per hour. If 4,100 units required 12,500 hours at an hourly rate of $21.34 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Direct Labor Variances Bellingham Company produces a product that requires 2 standard direct labor hours per...
Direct Labor Variances Bellingham Company produces a product that requires 2 standard direct labor hours per unit at a standard hourly rate of $18.00 per hour. If 4,800 units used 9,900 hours at an hourly rate of $17.10 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Favorable a. Direct labor rate...
Bellingham Company produces a product that requires 10 standard direct labor hours per unit at a...
Bellingham Company produces a product that requires 10 standard direct labor hours per unit at a standard hourly rate of $21.00 per hour. If 2,200 units used 22,900 hours at an hourly rate of $21.63 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Direct Materials Variances Bellingham Company produces a product that requires 6 standard pounds per unit. The standard price is $10 per pound. If 6,300 units required 36,300 pounds, which were purchased at $10.3 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as negative number using a minus sign and an unfavorable variance as a positive number. 10,890 Unfavorable a. Direct materials price variance b....
Direct Materials Variances Bellingham Company produces a product that requires 15 standard pounds per unit. The standard price is $8 per pound. If 5,600 units required 87,400 pounds, which were purchased at $8.24 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance b. Direct...
Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per unit at a standard hourly rate of $13.00 per hour. If 2,800 units used 20,400 hours at an hourly rate of $12.74 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance...
Direct Materials Variances Bellingham Company produces a product that requires 11 standard pounds per unit. The standard price is $6 per pound. If 2,000 units required 21,100 pounds, which were purchased at $6.18 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance Unfavorable X...
Direct Labor Variances Bellingham Company produces a product that requires 4 standard hours per unit at a standard hourly rate of $13.00 per hour. If 5,700 units required 23,700 hours at an hourly rate of $12.48 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $18.00 per hour. If 6,200 units required 18,200 hours at an hourly rate of $18.90 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Direct Labor Variances Bellingham Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $22.00 per hour. If 4,100 units required 12,500 hours at an hourly rate of $21.34 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate...
Direct Labor Variances Bellingham Company produces a product that requires 2 standard direct labor hours per unit at a standard hourly rate of $18.00 per hour. If 4,800 units used 9,900 hours at an hourly rate of $17.10 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Favorable a. Direct labor rate...
Most questions answered within 3 hours.
-
han discusses the racist practice of badlands, a bar
in the Castro
district of San Francisco,...
asked 3 minutes ago -
A sample of final exam scores is normally distributed with a
mean equal to 25 and...
asked 6 minutes ago -
An investor shorts 100 shares of a stock when the share price is
$50 and closes...
asked 10 minutes ago -
LLOP corporation just paid 4$ dividend per share, you expect the
dividend to grow 8% for...
asked 19 minutes ago -
if we subtract 1000 from 0001 is there overflow? (binary)
asked 27 minutes ago -
Hello, I need help with the function below, The language I am
using is Ocaml
open...
asked 29 minutes ago -
Explain how the presence of glucose represses the gal structural
genes?
asked 36 minutes ago -
For the reaction CaI2+2AgNO3⟶2AgI+Ca(NO3)2 how many grams of
silver iodide, AgI, are produced from 56.5 g...
asked 48 minutes ago -
Write an equation for hydrolysis via acid catalysis.
Using ethyl acetate, ethyl benzoate, ethyl formate or...
asked 56 minutes ago -
Only one graph is needed.
(a) Draw a Supply Curve and the Demand Curve for the...
asked 59 minutes ago -
Fill in the blanks and please show how you arrived at numerical
answers
. The...
asked 59 minutes ago -
91. If the half – life of a sample of radioactive
material is 60 days, what...
asked 1 hour ago