(a) Compute all of the materials and labor variances. Total materials variance Materials price variance Materials quantity variance Total labor variance Labor price variance Labor quantity variance (b) $ VA Total overhead variance $ $ LA LA $ LA LA Compute the total overhead variance. -1688 Unfavorable Unfavorable < < >
(a) Compute all of the materials and labor variances. Total materials variance Materials price variance Materials quantity variance Total labor variance Labor price variance Labor quantity variance (b) $ VA Total overhead variance $ $ LA LA $ LA LA Compute the total overhead variance. -1688 Unfavorable Unfavorable < < >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please help me.
Thankyou.
![(a)
Compute all of the materials and labor variances.
Total materials variance
Materials price variance
Materials quantity variance
Total labor variance
Labor price variance
Labor quantity variance
(b)
tA
LA
Total overhead variance $
$
LA
$
LA
$
LA
$
$
LA
LA
Compute the total overhead variance.
$
-1688
Unfavorable
Unfavorable
>
>
<
<
<](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5f09a9d5-bc97-49ea-91d7-c4ed1e3fe70c%2F67a7a5bc-775a-4c2e-88ac-0f40f0d0ca2f%2F5pv7sy_processed.png&w=3840&q=75)
Transcribed Image Text:(a)
Compute all of the materials and labor variances.
Total materials variance
Materials price variance
Materials quantity variance
Total labor variance
Labor price variance
Labor quantity variance
(b)
tA
LA
Total overhead variance $
$
LA
$
LA
$
LA
$
$
LA
LA
Compute the total overhead variance.
$
-1688
Unfavorable
Unfavorable
>
>
<
<
<
![Current Attempt in Progress
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below.
Direct materials-1 pound plastic at $6.00 per pound
Direct labor-2.0 hours at $11.90 per hour
Variable manufacturing overhead
Fixed manufacturing overhead
Total standard cost per unit
Direct materials (4,240 pounds)
Direct labor (8,030 hours)
Variable overhead
Fixed overhead
Total manufacturing costs
$ 26,288
The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($32.00 +2.0). It was computed from a
master manufacturing overhead budget based on normal production of 10,400 direct labor hours (5,200 units) for the month.
The master budget showed total variable costs of $62,400 ($6.00 per hour) and total fixed overhead costs of
$104,000 ($10.00 per hour). Actual costs for October in producing 4,100 units were as follows.
97,163
99,710
33,390
$6.00
$256,551
23.80
12.00
20.00
$61.80](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5f09a9d5-bc97-49ea-91d7-c4ed1e3fe70c%2F67a7a5bc-775a-4c2e-88ac-0f40f0d0ca2f%2Ffrkonml_processed.png&w=3840&q=75)
Transcribed Image Text:Current Attempt in Progress
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below.
Direct materials-1 pound plastic at $6.00 per pound
Direct labor-2.0 hours at $11.90 per hour
Variable manufacturing overhead
Fixed manufacturing overhead
Total standard cost per unit
Direct materials (4,240 pounds)
Direct labor (8,030 hours)
Variable overhead
Fixed overhead
Total manufacturing costs
$ 26,288
The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($32.00 +2.0). It was computed from a
master manufacturing overhead budget based on normal production of 10,400 direct labor hours (5,200 units) for the month.
The master budget showed total variable costs of $62,400 ($6.00 per hour) and total fixed overhead costs of
$104,000 ($10.00 per hour). Actual costs for October in producing 4,100 units were as follows.
97,163
99,710
33,390
$6.00
$256,551
23.80
12.00
20.00
$61.80
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