BE 8-1 Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price is $3.75 per pound. If 15,000 units used 36,000 pounds, which were purchased at $4.00 per pound, what is the direct materials (A) price variance, (B) quantity variance, and (C) cost variance? Оb, 3 SHOW ME HOW Оb). 3 Bellingham Company produces a product that requires 4 standard direct labor hours per unit hourly rate of $19.85 per hour, what is the direct labor (A) rate variance, (B) time variance, and (C) cost BE 8-2 Direct labor variances at a standard hourly rate of $20 per hour. If 15,000 units used 61,800 hours at an SHOW ME HOW variance? BE 8-3 Factory overhead controllable variance Bellingham Company produced 15,000 units of product that required 4 standard direct labor hours per unit. The standard variable overhead cost per unit is $0.90 per direct labor hour, The actual variable factory overhead was $52,770. Determine the variable factory overhead controllable variance. Obj. 4 SHOW ME HOW BE 8-4 Factory overhead volume variance Bellingham Company produced 15,000 units of product that required 4 standard direct labor hours per unit. The standard fixed overhead cost per unit is $1.15 per direct labor hour at 58,000 hours, which is 100% of normal capacity, Determine the fixed factory overhead volume Obj. 4 SHOW ME HOW Scanrerince CS CamScanner Aa
BE 8-1 Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price is $3.75 per pound. If 15,000 units used 36,000 pounds, which were purchased at $4.00 per pound, what is the direct materials (A) price variance, (B) quantity variance, and (C) cost variance? Оb, 3 SHOW ME HOW Оb). 3 Bellingham Company produces a product that requires 4 standard direct labor hours per unit hourly rate of $19.85 per hour, what is the direct labor (A) rate variance, (B) time variance, and (C) cost BE 8-2 Direct labor variances at a standard hourly rate of $20 per hour. If 15,000 units used 61,800 hours at an SHOW ME HOW variance? BE 8-3 Factory overhead controllable variance Bellingham Company produced 15,000 units of product that required 4 standard direct labor hours per unit. The standard variable overhead cost per unit is $0.90 per direct labor hour, The actual variable factory overhead was $52,770. Determine the variable factory overhead controllable variance. Obj. 4 SHOW ME HOW BE 8-4 Factory overhead volume variance Bellingham Company produced 15,000 units of product that required 4 standard direct labor hours per unit. The standard fixed overhead cost per unit is $1.15 per direct labor hour at 58,000 hours, which is 100% of normal capacity, Determine the fixed factory overhead volume Obj. 4 SHOW ME HOW Scanrerince CS CamScanner Aa
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:BE 8-1 Direct materials variances
Bellingham Company produces a product that requires 2.5 standard pounds per unit. The
standard price is $3.75 per pound. If 15,000 units used 36,000 pounds, which were purchased
at $4.00 per pound, what is the direct materials (A) price variance, (B) quantity variance, and
(C) cost variance?
Оb, 3
SHOW ME HOW
Оb). 3
Bellingham Company produces a product that requires 4 standard direct labor hours per unit
hourly rate
of $19.85 per hour, what is the direct labor (A) rate variance, (B) time variance, and (C) cost
BE 8-2
Direct labor variances
at a standard hourly rate of $20 per hour. If 15,000 units used 61,800 hours at an
SHOW ME HOW
variance?
BE 8-3 Factory overhead controllable variance
Bellingham Company produced 15,000 units of product that required 4 standard direct labor
hours per unit. The standard variable overhead cost per unit is $0.90 per direct labor hour,
The actual variable factory overhead was $52,770. Determine the variable factory overhead
controllable variance.
Obj. 4
SHOW ME HOW
BE 8-4 Factory overhead volume variance
Bellingham Company produced 15,000 units of product that required 4 standard direct labor
hours per unit. The standard fixed overhead cost per unit is $1.15 per direct labor hour at
58,000 hours, which is 100% of normal capacity, Determine the fixed factory overhead volume
Obj. 4
SHOW ME HOW
Scanrerince
CS CamScanner
Aa
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