ZuoTi.Pro
Question

E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] Gleason Guitars produces acoustic guitars. The table beloE9-8 (Algo) Calculating Direct Materials Variances [LO 9-3] Parker Plastic, Inc., manufactures plastic mats to use with rolliE9-9 (Algo) Calculating Direct Labor Variances [LO 9-4] Parker Plastic, Inc., manufactures plastic mats to use with rolling o

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Direct labor rate variance = (Standard rate-actual rate)Actual hour = (12.40*326000-3912000) = 130400 F

Direct labor efficiency variance = (Standard hour-actual hour)Standard rate = (1220000*.25-326000)*12.40 = 260400 U

0 0
Add a comment
Know the answer?
Add Answer to:
E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] Gleason Guitars produces acoustic guitars. The...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] Gleason Guitars produces acoustic guitars. The...

    E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Arte e Costs Actual Costs 285 units Spending Variance Sending Flexible Budget 285 units Blocklep Volume Variance volume Master Budget 200 units $ | $ Direct Material Direct Labor Variable...

  • E9-8 (Algo) Calculating Direct Materials Variances [LO 9-3] Parker Plastic, Inc., manufactures plastic mats to use...

    E9-8 (Algo) Calculating Direct Materials Variances [LO 9-3] Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead $599,040 + 936,000 units) Standard Standard Price Quantity (Rate) 8 sq ft. $ 1.20 per sq. ft. 0.3 hr. $13.30 per hr. 0.3 hr. $ 2.40 per hr. Standard Unit Cost $ 9.60 3.99 0.72 0.64...

  • E9-9 (Algo) Calculating Direct Labor Variances (LO 9-4) Parker Plastic, Inc., manufactures plastic mats to use...

    E9-9 (Algo) Calculating Direct Labor Variances (LO 9-4) Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: points Skipoed Standard Quantity 12 sq ft. 0.3 hr. 0.3 hr. Direct materiale (plastic) Direct labor Variable manufacturing overhead based on direct labor hours) Fixed manufacturing overhead (5661.000 - 922,000 units) Standard Price Rate) $1.45 per sq. ft. $11.90 per hr. $ 2.30 per hr. Standard Unit Cont $17.40 0.50 Parker Plastic...

  • 33 E9-8 (Algo) Calculating Direct Materials Variances [LO 9-3) Parker Plastic, Inc., manufactures plastic mats to...

    33 E9-8 (Algo) Calculating Direct Materials Variances [LO 9-3) Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: 10 points Standard Unit Cost $9.96 2.62 Standard Standard Price Quantity 12 sq ft. 0.25 hr (Rate) 0.83 per sq. ft. $10.50 per hr. Direct materials (plastic) Direct labor variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead $345,800 910,000 units) Skipped $2.20 per hr. 0.55 0.25 hr. 0.38...

  • E9-10 (Algo) Calculating Variable Overhead Variances [LO 9-5] Parker Plastic, Inc., manufactures plastic mats to use...

    E9-10 (Algo) Calculating Variable Overhead Variances [LO 9-5] Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Standard Quantity Standard Price (Rate) Standard Unit Cost Direct materials (plastic) 15 sq ft. $ 0.90 per sq. ft. $ 13.50 Direct labor 0.25 hr. $ 12.60 per hr. 3.15 Variable manufacturing overhead (based on direct labor hours) 0.25 hr. $ 1.80 per hr. 0.45 Fixed manufacturing overhead ($539,400 ÷ 930,000 units)...

  • E9-7 Calculating Direct Labor Variances [LO 9-4] Parker Plastic, Inc., manufactures plastic mats to use with rolling of...

    E9-7 Calculating Direct Labor Variances [LO 9-4] Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead $270,600 + 902,000 units) Standard Quantity 10 sq ft. 0.25 hr. 0.25 hr. Standard Price (Rate) $ 0.82 per sq. ft. $ 10.20 per hr. $ 1.40 per hr. Standard Unit Cost $ 8.20 2.55 0.35 0.30...

  • E9-10 (Algo) Calculating Variable Overhead Variances (LO 9-5) Parker Plastic, Inc., manufactures plastic mats to use...

    E9-10 (Algo) Calculating Variable Overhead Variances (LO 9-5) Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Standard Standard Pride Quantity (RA ) 15 sq ft. S 0.90 per . Et 0.25 h $12.60 per hr. 1.80 per he. Standard Unit Cost $13.50 Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Pixed manufacturing overhead (5539, 400 - 930,000 units) Parker Plastic had the following...

  • Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information...

    Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Standard Quantity 12 sq ft. 0.25 hr. Standard Price (Rate) Standard Unit Cost $ 0.72 per sq. ft. $8.64 $12.20 per hr. 3.05 Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($378,000 + 900,000 units) 0.25 hr. $ 1.20 per hr. 0.39 0.42 Parker Plastic had the following actual results for the...

  • Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information...

    Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead $326,880 - 908,000 units) Standard Quantity 11 sq ft. 0.25 hr. 025 hr Standard Price (Rate) $ 0.73 per sq. ft. $ 10.40 per hr. $ 2.00 per hr. Standard Unit Cost $ 8.03 2.60 0.50 0.36 Parker Plastic had the following actual results...

  • Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information...

    Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Standard Standard Unit Cost 8.03 2.60 Quantity 11 sq ft 0.25 hr Standard Price (Rate) $ 0.73 per sq. ft $10.40 per hr. Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead $326,880 908,000 units) $ 2.00 per hr. 0.25 hr. 0.50 0.36 Parker Plastic had the following actual results for the past...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT