1 Part 1 of 2 [The followilly initiation applies to the questions displayed below.j A manufactured product has the following information for June. Direct materials Direct labor Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2.85 points Overhead Units manufactured Skipped Compute the 2 DLH @ $11 per DLH Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units eBook Hint Print (1) direct materials price variance and (2) direct materials quantity variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. AQ Actual Quantity SQ Standard Quantity AP = Actual Price SP=Standard Price ခန့် References Actual Cost $ 0 $ 0 0 $ 0 Standard Cost 1 [The following Ination applies to the questions displayed below.j A manufactured product has the following information for June. = 1 of 2 Direct materials Direct labor Overhead Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $11 per DLH Units manufactured kipped Compute the Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units eBook Hint Print (1) direct materials price variance and (2) direct materials quantity variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. AQ Actual Quantity SQ Standard Quantity AP = Actual Price SP Standard Price erences Actual Cost Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance $ 0 0 $ 0 Standard Cost
1 Part 1 of 2 [The followilly initiation applies to the questions displayed below.j A manufactured product has the following information for June. Direct materials Direct labor Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2.85 points Overhead Units manufactured Skipped Compute the 2 DLH @ $11 per DLH Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units eBook Hint Print (1) direct materials price variance and (2) direct materials quantity variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. AQ Actual Quantity SQ Standard Quantity AP = Actual Price SP=Standard Price ခန့် References Actual Cost $ 0 $ 0 0 $ 0 Standard Cost 1 [The following Ination applies to the questions displayed below.j A manufactured product has the following information for June. = 1 of 2 Direct materials Direct labor Overhead Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $11 per DLH Units manufactured kipped Compute the Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units eBook Hint Print (1) direct materials price variance and (2) direct materials quantity variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. AQ Actual Quantity SQ Standard Quantity AP = Actual Price SP Standard Price erences Actual Cost Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance $ 0 0 $ 0 Standard Cost
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EA: A company estimates its manufacturing overhead will be $750,000 for the next year. What is the...
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