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PR 23-3A Direct materials, direct labor, and factory overhead cost variance analysis
1. PR.22-03A.ALGO (Algorithmic) Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 70,000 units of product were as follows: Standard Costs Actual Costs Direct materials 224,000 lbs. at $4.90 221,800 lbs. at $4.70 Direct labor 1 7,500 hrs. at $16.20 17,900 hrs. at $16.60 Factory overhead Rates per direct labor hr., based on...
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead Incurred for the manufacture of 7,200 tires were as follows: Standard Costs Actual Costs Direct materials 9,400 lbs. at $5.50 9,300 lbs. at $5.40 Direct labor 1,800 hrs. at $17.60 1,840 hrs. at $17.90 Factory overhead Rates per direct labor hr. based on 100% of normal capacity of...
Direct Materials and Direct Labor, Variance Analysis; Factory Overhead Cost Variance Analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 7,200 tires were as follows: Standard Costs Actual Costs 9,300 lbs. at $5.40 Direct materials 9,400 lbs. at $5.50 1,800 hrs. at $17.60 1,840 hrs. at $17.90 Direct labor Factory overhead Rates per direct labor hr., based on 100% of normal capacity of...
P13-5 Direct materials and direct labor, variance analysis; factory overhead cost variance analysis Route 66 Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 10,000 tires were as follows: Standard Costs Direct materials Direct labor Factory overhead Actual Costs 83,800 lbs. at $6.17 4,450 hrs. at $21.00 85,000 lbs. at $6.25 4,000 hrs. at $20.80 Rates per direct labor hr., based on 100% of normal capacity...
Chapters Direct Materials Direct Labor and Factory Overhead Cost Variance Analysis Machine in Standard costs and actual costs for direct materials, direct labor and factory overhead incurred for the manufacture of 70,000 units processes a base chemical plast Standard Coats Direct mat Actual Costs 221.500 . 55.10 17,900 hrs. $1820 Director Factory overhead 24.000 55.20 17.500 h. a 17.30 Rates per direct labore based on 100% of normal capacity of 18,260 direct Variable cost, 4.40 Fixed cost. 17.00 $76,230 variable...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 6,400 units of product were as follows: Standard Costs Actual Costs 8,200 lb. at $5.70 1,640 hrs. at $16.90 Direct materials 8,300 lb. at $5.80 Direct labor 1,600 hrs. at $16.50 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,400 units of product were as follows: Standard Costs Actual Costs Direct materials 5,700 lb. at $4.70 5,600 lb. at $4.50 Direct labor 1,100 hrs. at $17.00 1,130 hrs. at $17.30 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 5,600 units of product were as follows: Standard Costs Actual Costs 7,300 lb. at $6.00 7,200 lb. at $5.90 Direct materials Direct labor 1,400 hrs. at $18.50 1,430 hrs. at $18.80 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 7,600 units of product were as follows: Standard Costs Actual Costs Direct materials 9,900 lb. at $4.90 9,800 lb. at $4.70 Direct labor 1,900 hrs. at $16.40 1,940 hrs. at $16.70 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 74,000 units of product were as follows: Standard Costs Actual Costs Direct materials 207,200 lbs. at $5.20 205,100 lbs. at $5.00 Direct labor 18,500 hrs. at $16.90 18,930 hrs. at $17.20 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...