Homework Answers
| Qty per unit | Cost per Input | Standard Cost per unit | ||
| Direct Materials | 1 | kg | $16 | $16 |
| Direct Labor | 0.4 | hr | $22 | $8.8 |
| Overhead | 0.4 | hr | $36 | $14.4 |
| Total Standard Cost | $39.2 |
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Check my work Required information Use the following information for the Quick Study below. [The following...
Check my work 4 Required information Use the following information for the Quick Study below. The...
Check my work 4 Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below.] Part 2 of 2 BatCo makes metal baseball bats. Each bat requires 1.00 kg of aluminum at $16 per kg and 0.40 direct labor hours at $22 per hour. Overhead is assigned at the rate of $36 per direct labor hour. 1.11 points QS 23-6 Cost variances LO C2 eBook Hint Assume the actual cost to...
Required information Use the following information for the Quick Study below. [The following information applies to...
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $16 per kg and 0.35 direct labor hours at $18 per hour. Overhead is assigned at the rate of $32 per direct labor hour QS 8-5 Standard cost card LO Ç1 What amounts would appear on a standard cost card for BatCo? Cost per Input Qty per...
Required information The following information applies to the questions displayed below.) BatCo makes metal baseball bats....
Required information The following information applies to the questions displayed below.) BatCo makes metal baseball bats. Each bat requires 100 kg of aluminum at $20 per kg and 0.40 direct labor hours at $22 per hour. Overhead is assigned at the rate of $36 per direct labor hour What amounts would appear on a standard cost card for BatCo? (Round your final answers to 2 decimal places.) Qty per Unit Cost per Input Std. Cost per Unit Direct materials Direct...
Required information The following information applies to the questions displayed below.] BatCo makes metal baseball bats....
Required information The following information applies to the questions displayed below.] BatCo makes metal baseball bats. Each bat requires 1.00 kg of aluminum at $24 per kg and 0.40 direct labor hours at $26 per hour. Overhead is assigned at the rate of $36 per direct labor hour. What amounts would appear on a standard cost card for BatCo? Std. Cost per Cost per Input Qty per Unit Unit Direct materials Direct labor Overhead
Required information Use the following information for the Quick Study below. [The following information applies to...
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $16 per kg and 0.30 direct labor hours at $22 per hour. Overhead is assigned at the rate of $32 per direct labor hour. QS 23-6 Cost variances LO C2 Assume the actual cost to manufacture one metal bat is $54.20. Compute the cost variance and classify...
BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $20 per kg...
BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $20 per kg and 0.35 direct labor hours at $22 per hour. Overhead is assigned at the rate of $40 per direct labor hour. 1)What amounts would appear on a standard cost card for BatCo? Qty per Unit Cost per Input Std. Cost per Unit Direct materials Direct labor Overhead 2)Assume the actual cost to manufacture one metal bat is $67.70. Compute the cost variance and classify...
Check my work Required information Use the following information for the Quick Study below. Miami Solar...
Check my work Required information Use the following information for the Quick Study below. Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,100 units (solar panels) in July and 5,800 units in August Part 2 of 3 125 points QS 20-14 Manufacturing: Direct labor budget LO P1 Book Each unit requires 5 hours of direct labor at a rate of $13 per hour. Prepare a direct labor budget for July MIAMI SOLAR Direct Labor Budget...
Required information Use the following information for the Quick Study below. [The following information applies to...
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] AirPro Corp. reports the following for November. $29,025 $ 2.19 per unit produced Actual total factory overhead incurred Standard factory overhead: Variable overhead Fixed overhead ($12, 460/12, 400 predicted units to be produced) Predicted units to produce Actual units produced $ 1.00 per unit 12,480 units 10,100 units QS 8-14 Controllable overhead variance LO P3 Compute the controllable overhead variance...
Required information Use the following information for the Quick Study below. (The following information applies to...
Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below) Mosaic Company applies overhead using machine hours and reports the following information. Actual machine hours used (AH) 4,800 hours Standard machine hours (for actual production) 5.250 hours (SH) Actual variable overhead rate per hour (AVR) $ 4.90 Standard variable overhead rate per hour (SVR) $ 4.75 QS 21-18A Total variable overhead cost variance LO P5 Compute the total variable overhead...
Required information Use the following information for the Quick Study below. The following information applies to the...
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below.) AirPro Corp. reports the following for November Netual total factory overhead incurred $28,975 Standard factory overhead: Variable overhead $ 2.10 per unit produced Fixed overhead ($12,300/12,300 predicted units to be produced) $ 1.00 per unit Predicted units to produce 12.300 units Netual un ts produced 10, 400 units QS 21-14 Controllable overhead variance LO P3 Compute the controllable overhead variance...
Check my work 4 Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below.] Part 2 of 2 BatCo makes metal baseball bats. Each bat requires 1.00 kg of aluminum at $16 per kg and 0.40 direct labor hours at $22 per hour. Overhead is assigned at the rate of $36 per direct labor hour. 1.11 points QS 23-6 Cost variances LO C2 eBook Hint Assume the actual cost to...
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] BatCo makes metal baseball bats. Each bat requires 2.00 kg of aluminum at $16 per kg and 0.35 direct labor hours at $18 per hour. Overhead is assigned at the rate of $32 per direct labor hour QS 8-5 Standard cost card LO Ç1 What amounts would appear on a standard cost card for BatCo? Cost per Input Qty per...
Required information The following information applies to the questions displayed below.) BatCo makes metal baseball bats. Each bat requires 100 kg of aluminum at $20 per kg and 0.40 direct labor hours at $22 per hour. Overhead is assigned at the rate of $36 per direct labor hour What amounts would appear on a standard cost card for BatCo? (Round your final answers to 2 decimal places.) Qty per Unit Cost per Input Std. Cost per Unit Direct materials Direct...
Required information The following information applies to the questions displayed below.] BatCo makes metal baseball bats. Each bat requires 1.00 kg of aluminum at $24 per kg and 0.40 direct labor hours at $26 per hour. Overhead is assigned at the rate of $36 per direct labor hour. What amounts would appear on a standard cost card for BatCo? Std. Cost per Cost per Input Qty per Unit Unit Direct materials Direct labor Overhead
Check my work Required information Use the following information for the Quick Study below. Miami Solar manufactures solar panels for industrial use. The company budgets production of 5,100 units (solar panels) in July and 5,800 units in August Part 2 of 3 125 points QS 20-14 Manufacturing: Direct labor budget LO P1 Book Each unit requires 5 hours of direct labor at a rate of $13 per hour. Prepare a direct labor budget for July MIAMI SOLAR Direct Labor Budget...
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] AirPro Corp. reports the following for November. $29,025 $ 2.19 per unit produced Actual total factory overhead incurred Standard factory overhead: Variable overhead Fixed overhead ($12, 460/12, 400 predicted units to be produced) Predicted units to produce Actual units produced $ 1.00 per unit 12,480 units 10,100 units QS 8-14 Controllable overhead variance LO P3 Compute the controllable overhead variance...
Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below) Mosaic Company applies overhead using machine hours and reports the following information. Actual machine hours used (AH) 4,800 hours Standard machine hours (for actual production) 5.250 hours (SH) Actual variable overhead rate per hour (AVR) $ 4.90 Standard variable overhead rate per hour (SVR) $ 4.75 QS 21-18A Total variable overhead cost variance LO P5 Compute the total variable overhead...
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below.) AirPro Corp. reports the following for November Netual total factory overhead incurred $28,975 Standard factory overhead: Variable overhead $ 2.10 per unit produced Fixed overhead ($12,300/12,300 predicted units to be produced) $ 1.00 per unit Predicted units to produce 12.300 units Netual un ts produced 10, 400 units QS 21-14 Controllable overhead variance LO P3 Compute the controllable overhead variance...
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