(BONUS-2 points) 41) Becka Inc. has provided the following data concerning one of the products in...
3. DM variances (4pts): Pippin Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 5.0 grams $ 7.00 per gram Direct labor 0.30 hours $ 21.30 per hour Variable manufacturing overhead 0.30 hours $ 9.60 per hour The company planned to produce 8,300 units of...
Pippin Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to basis of direct labor-hours. Standard Quantity or Hours per Standard Price or Inputs Direct materials Direct labor Variable manufacturing overhead Unit of Output 5.0 grams 0.30 hours 0.30 hours Rate $ 7.00 per gram S 21.30 per hour S 9.60 per hour The company has reported the following actual results for the product for June Actual output...
Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 8.90 liters $ 8.50 per liter Direct labor 0.50 hours $ 29.70 per hour Variable manufacturing overhead 0.50 hours $ 7.40 per hour The company has reported the following actual results for the product for...
Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials price variances is calculated on material purchased and materials quantity is based on Material used in production. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 8.7 ounces $ 6.80 per ounce Direct labor 0.6 hours $ 28.70 per hour Variable manufacturing overhead...
Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Materials price variances is calculated on material purchased and materials quantity is based on Material used in production. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 10.0 ounces $ 8.10 per ounce Direct labor 0.5 hours $ 24.70 per hour Variable manufacturing overhead...
Kropf Inc. has provided the
following data concerning one of the products in its standard cost
system. Variable manufacturing overhead is applied to products on
the basis of direct labor-hours. Inputs Standard Quantity or Hours
per Unit of Output Standard Price or Rate Direct materials 8.60
liters $ 8.20 per liter Direct labor 0.70 hours $ 26.70 per hour
Variable manufacturing overhead 0.70 hours $ 7.10 per hour The
company has reported the following actual results for the product
for...
Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Standard Quantity per Unit of Inputs Direct materials Direct labor Output 0.60 hours 0.60 hours Standard Price or Rate S 6.10 per ounce s 19.80 per hour 8.0 ounces Variable manufacturing overhead $ 4.40 per hour The company has reported the following actual results for the product for April: Actual...
Question 4 20 marks Forest Company has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labour- hours. Inputs Direct materials Direct labour Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 8.0 grams 0.60 hours 0.60 hours Standard Price or Rate $ 6.10 per gram $ 19.80 per hour $ 4.40 per hour The company has reported the following actual...
Dirickson Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours Hours per Unit of Direct materials Direct labor Variable manufacturing overhead 7.6 ounces 0.10 hours 8.18 hours 9.48 per ounce $18.00 per hour %5.30 per hour The company has reported the following actual results for the product for July Actual output Raw materials purchased Actual cost of raw materials purchased...
23 Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. 10 Standard Quantity or Hours per Unit of Output 7.90 liters e.50 hours e.50 hours Inputs Direct materials Direct labor Variable manufacturing overhead points Standard Price or Rate $ 7.50 per liter $26.70 per hour $ 6.40 per hour eBook The company has reported the following actual results for...