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select from formulas given above
Headsound manufactures headphone cases. During September 2018, the company produced and...
Headsound manufactures headphone cases. During September 2018, the company produced and sold 108,000 cases and recorded...
Headsound manufactures headphone cases. During September 2018, the company produced and sold 108,000 cases and recorded the following cost data: (Click the icon to view the cost data.) Read the requirements Data Table Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor. Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direc actual quantity: FOH = fixed overhead: SC = standard cost; SQ = standard quantity.) Standard...
data Smart Hearing marnufactures headphone cases. During September 2018, the company produced and sold 105.000 cases...
data
Smart Hearing marnufactures headphone cases. During September 2018, the company produced and sold 105.000 cases and recorded the following cost data Click the loon to view the cost data) Read the reauirements Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direct labor, and identify whether each variance is favorable (F) or untavorable (U). (Abbreviations used AC...
Soundset manufactures headphone cases. During September 2018, the company produced and sold 107,000 cases. Please compute...
Soundset manufactures headphone cases. During September 2018,
the company produced and sold 107,000 cases.
Please compute the cost and efficiency variances for direct
materials and direct labor.
For manufacturing overhead, compute the variable overhead cost
and efficiency variances and the fixed overhead cost and volume
variances. If Soundset’s management decided to use better quality
materials during September, what would be the trade-off between
the two direct material variances.
Thanks in advance ?
Standard Cost Information Quantity Cost 0.17 per part...
Please answer all the following parts. Thanks. Smartsets manufactures headphone cases. During September 2018, the company...
Please answer all the following parts. Thanks.
Smartsets manufactures headphone cases. During September 2018, the company produced and sold 107,000 mes and recorded the following costdata: Click the icon to view the cost data) Read the requirements Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor Begin with the cost variances Select the required formulas, compute the cost variances for direct materials and direct labor and identify whether each variance is favorable (F) or unfavorable...
P23-27A (similar to) Question Help SmartSound manufactures headphone cases. During September 2018, the company produced...
P23-27A (similar to) Question Help SmartSound manufactures headphone cases. During September 2018, the company produced and sold 105,000 cases and recorded the following cost data: .: (Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor. Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direct labor, and identify whether each variance is favorable (F) or unfavorable...
Smith Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system. Smith allocates...
Smith Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system. Smith allocates overhead based on yards of direct materials. The company's performance report includes the following selected data: (Click the icon to view the selected data.) Read the requirements Requirement 1. Prepare a flexible budget based on the actual number of recliners sold. (Round budget amounts per unit to the nearest cent.) 980 Smith Recliners Flexible Budget Budget Amounts per Unit Actual Units (Recliners) Sales Revenue...
X Data Table 1 Standard Cost Information Quantity Cost 0.15 per part Direct Materials 2 parts...
X Data Table 1 Standard Cost Information Quantity Cost 0.15 per part Direct Materials 2 parts 0.02 hours Direct Labor 9.00 per hour Variable Manufacturing Overhead 0.02 hours 9.00 per hour Fixed Manufacturing Overhead ($31,360 for static budget volume of 98,000 units and 1,960 hours, or $16 per hour) Actual Cost Information $ 0.20 per part) $ 42,200 (211,000 parts@ Direct Materials $ 9.15 per hour) Direct Labor (1,660 hours@ 15,189 Variable Manufacturing Overhead 10,000 Fixed Manufacturing Overhead 30,000 Print...
Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 145,000...
Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 145,000 square feet of extruded vinyl purchased at $1.15 per square foot. Production required 460 direct labor hours that cost $13.50 per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $1.20 per square foot. The labor standard was 0.025 direct labor hour per fender, at a standard cost of $12.50 per hour. Read the requirement....
Superior, Inc. produced 1.000 units of the company's product in 2018. The standard quantity of di...
Superior, Inc. produced 1.000 units of the company's product in 2018. The standard quantity of direct materials was three yards of cloth per unit at a standard cost of $1.20 per yard. The accounting r per unit at a standard rate of $9. 75 per direct labor hour. Employe Read the requirements records showed that 2,400 yards of cloth were used and the company paid $1.25 per yard. Standard time was two direct labor hours ees worked 1,600 hours and...
Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 145,000...
Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 145,000 square feet of extruded vinyl purchased at $1.15 per square foot. Production required 460 direct labor hours that cost $13.50 per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $1.20 per square foot. The labor standard was 0.025 direct labor hour per fender, at a standard cost of $12.50 per hour. Read the requirement....
Headsound manufactures headphone cases. During September 2018, the company produced and sold 108,000 cases and recorded the following cost data: (Click the icon to view the cost data.) Read the requirements Data Table Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor. Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direc actual quantity: FOH = fixed overhead: SC = standard cost; SQ = standard quantity.) Standard...
data
Smart Hearing marnufactures headphone cases. During September 2018, the company produced and sold 105.000 cases and recorded the following cost data Click the loon to view the cost data) Read the reauirements Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direct labor, and identify whether each variance is favorable (F) or untavorable (U). (Abbreviations used AC...
Soundset manufactures headphone cases. During September 2018,
the company produced and sold 107,000 cases.
Please compute the cost and efficiency variances for direct
materials and direct labor.
For manufacturing overhead, compute the variable overhead cost
and efficiency variances and the fixed overhead cost and volume
variances. If Soundset’s management decided to use better quality
materials during September, what would be the trade-off between
the two direct material variances.
Thanks in advance ?
Standard Cost Information Quantity Cost 0.17 per part...
Please answer all the following parts. Thanks.
Smartsets manufactures headphone cases. During September 2018, the company produced and sold 107,000 mes and recorded the following costdata: Click the icon to view the cost data) Read the requirements Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor Begin with the cost variances Select the required formulas, compute the cost variances for direct materials and direct labor and identify whether each variance is favorable (F) or unfavorable...
P23-27A (similar to) Question Help SmartSound manufactures headphone cases. During September 2018, the company produced and sold 105,000 cases and recorded the following cost data: .: (Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor. Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direct labor, and identify whether each variance is favorable (F) or unfavorable...
Smith Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system. Smith allocates overhead based on yards of direct materials. The company's performance report includes the following selected data: (Click the icon to view the selected data.) Read the requirements Requirement 1. Prepare a flexible budget based on the actual number of recliners sold. (Round budget amounts per unit to the nearest cent.) 980 Smith Recliners Flexible Budget Budget Amounts per Unit Actual Units (Recliners) Sales Revenue...
X Data Table 1 Standard Cost Information Quantity Cost 0.15 per part Direct Materials 2 parts 0.02 hours Direct Labor 9.00 per hour Variable Manufacturing Overhead 0.02 hours 9.00 per hour Fixed Manufacturing Overhead ($31,360 for static budget volume of 98,000 units and 1,960 hours, or $16 per hour) Actual Cost Information $ 0.20 per part) $ 42,200 (211,000 parts@ Direct Materials $ 9.15 per hour) Direct Labor (1,660 hours@ 15,189 Variable Manufacturing Overhead 10,000 Fixed Manufacturing Overhead 30,000 Print...
Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 145,000 square feet of extruded vinyl purchased at $1.15 per square foot. Production required 460 direct labor hours that cost $13.50 per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $1.20 per square foot. The labor standard was 0.025 direct labor hour per fender, at a standard cost of $12.50 per hour. Read the requirement....
Superior, Inc. produced 1.000 units of the company's product in 2018. The standard quantity of direct materials was three yards of cloth per unit at a standard cost of $1.20 per yard. The accounting r per unit at a standard rate of $9. 75 per direct labor hour. Employe Read the requirements records showed that 2,400 yards of cloth were used and the company paid $1.25 per yard. Standard time was two direct labor hours ees worked 1,600 hours and...
Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 145,000 square feet of extruded vinyl purchased at $1.15 per square foot. Production required 460 direct labor hours that cost $13.50 per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $1.20 per square foot. The labor standard was 0.025 direct labor hour per fender, at a standard cost of $12.50 per hour. Read the requirement....
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