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Homework Answers
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Materials Price Variance = (Standard price - Actual price&*Actual quantity = (3 - 3.20) * 74,000 = 14800 U |
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Materials Quantity Variance = (Standard Quantity - Actual quantit) * standard price = (3*25000 - 74,000) * 3 = 3000 F |
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Labor Rate Variance = (Standard rate - Actual rate) * Actual hours =(11 - 10.70) * 33000 = 9900 F |
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Labor efficiency variance = (Standard hours - Actual hours) * Standard rate = (1.2*25000 - 33000) * 11 = 33,000 U |
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Hi, please help with the question and provided the detailed
solution of how you get these...
PLEASE HELP ME FAST Lane Company manufactures a single product and applies overhead cost to that...
PLEASE HELP ME FAST
Lane Company manufactures a single product and applies overhead cost to that product using standard direct labor-hours. The budgeted variable manufacturing overhead is $4.20 per direct labor-hour and the budgeted fixed manufacturing overhead is $1,599,000 per year. The standard quantity of materials is 4 pounds per unit and the standard cost is $8.50 per pound. The standard direct labor-hours per unit is 1.5 hours and the standard labor rate is $13.10 per hour. The company planned...
Problem 10A-8 Applying Overhead; Overhead Variances [LO10-3, LO10-4] Lane Company manufactures a ...
Problem 10A-8 Applying Overhead; Overhead Variances [LO10-3,
LO10-4]
Lane Company manufactures a single product that requires a great
deal of hand labor. Overhead cost is applied on the basis of
standard direct labor-hours. The budgeted variable manufacturing
overhead is $3.20 per direct labor-hour and the budgeted fixed
manufacturing overhead is $864,000 per year.
The standard quantity of materials is 4 pounds per unit and the
standard cost is $6.00 per pound. The standard direct labor-hours
per unit is 1.5 hours...
I AM LOST THIS CHAPTER PLEASE HELP ASAP Lane Company manufactures a single product and applies...
I AM LOST THIS CHAPTER PLEASE HELP ASAP
Lane Company manufactures a single product and applies overhead cost to that product using standard direct labor-hours. The budgeted variable manufacturing overhead is $4.20 per direct labor-hour and the budgeted fixed manufacturing overhead is $1,599,000 per year. The standard quantity of materials is 4 pounds per unit and the standard cost is $8.50 per pound. The standard direct labor-hours per unit is 1.5 hours and the standard labor rate is $13.10 per...
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please solve this 4 requirement for me, thanks! Problem 10A-8 Applying Overhead; Overhead Variances (LO10-3, LO...
please solve this 4 requirement for me, thanks!
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We were unable to transcribe this imageRequired: 1. Compute a materials price variance for the plates purchased last mo...
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please answer these questions! thank you! Problem 10A-8 Applying Overhead; Overhead Variances (LO10-3, LO10-4) Lane Company...
please answer these questions!
thank you!
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Need help with this question. correct answers please feel free to take your time. please help...
need help with this question. correct answers please feel free
to take your time.
please help thanks:)
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PLEASE HELP ME FAST
Lane Company manufactures a single product and applies overhead cost to that product using standard direct labor-hours. The budgeted variable manufacturing overhead is $4.20 per direct labor-hour and the budgeted fixed manufacturing overhead is $1,599,000 per year. The standard quantity of materials is 4 pounds per unit and the standard cost is $8.50 per pound. The standard direct labor-hours per unit is 1.5 hours and the standard labor rate is $13.10 per hour. The company planned...
Problem 10A-8 Applying Overhead; Overhead Variances [LO10-3,
LO10-4]
Lane Company manufactures a single product that requires a great
deal of hand labor. Overhead cost is applied on the basis of
standard direct labor-hours. The budgeted variable manufacturing
overhead is $3.20 per direct labor-hour and the budgeted fixed
manufacturing overhead is $864,000 per year.
The standard quantity of materials is 4 pounds per unit and the
standard cost is $6.00 per pound. The standard direct labor-hours
per unit is 1.5 hours...
I AM LOST THIS CHAPTER PLEASE HELP ASAP
Lane Company manufactures a single product and applies overhead cost to that product using standard direct labor-hours. The budgeted variable manufacturing overhead is $4.20 per direct labor-hour and the budgeted fixed manufacturing overhead is $1,599,000 per year. The standard quantity of materials is 4 pounds per unit and the standard cost is $8.50 per pound. The standard direct labor-hours per unit is 1.5 hours and the standard labor rate is $13.10 per...
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please solve this 4 requirement for me, thanks!
Problem 10A-8 Applying Overhead; Overhead Variances (LO10-3, LO10-4] Lane Company manufactures a single product that requires a great deal of hand labor. Overhead cost is applied on the basis of standard direct labor-hours. The budgeted variable manufacturing overhead is $3.40 per direct labor-hour and the budgeted fixed manufacturing overhead is $999,000 per year. The standard quantity of materials is 4 pounds per unit and the standard cost is $6.50 per pound. The...
We were unable to transcribe this imageRequired: 1. Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. 2. For labor cost in the lab: a. Compute a labor rate variance and a labor efficiency variance. b. In most hospitals, one-half of the workers in the lab are senior technicians and one-half are assistants. In an effort to reduce costs, Valley View Hospital employs only one-fourth senior technicians...
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please answer these questions!
thank you!
Problem 10A-8 Applying Overhead; Overhead Variances (LO10-3, LO10-4) Lane Company manufactures a single product that requires a great deal of hand labor. Overhead cost is applied on the basis of standard direct labor-hours. The budgeted variable manufacturing overhead is $5.60 per direct labor-hour and the budgeted fixed manufacturing overhead is $2.880,000 per year. The standard quantity of materials is 4 pounds per unit and the standard cost is $12,00 per pound. The standard direct...
Lane Company manufactures a single product that requires a great deal of hand labor. Overhead cost is applied on the basis of standard direct labor-hours. The budgeted varlable manufacturing overhead Is $2.60 per direct labor-hour and the budgeted fixed manufacturing overhead is $495,000 per year The standard quantity of materials is 4 pounds per unit and the standard cost is $4.50 per pound. The standard direct labor-hours per unit is 1.5 hours and the standard labor rate is $12.30 per...
need help with this question. correct answers please feel free
to take your time.
please help thanks:)
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