of 2 Required information [The following information applies to the questions displayed below.] 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 Overhead 2 DLH @ $11 per DLH bed Units manufactured ok Compute the ht Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. nt AH = Actual Hours SH Standard Hours AR Actual Rate ences SR Standard Rate Actual Cost $ 0 $ 0 0 $ 0 Standard Cost < Prev S GN of 7 --- Next > 2 Part 2 of 2 2.85 points Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $11 per DLH Skipped Units manufactured eBook Compute the Hint Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. Print AH Actual Hours SH Standard Hours AR = Actual Rate Standard Rate References SR Actual Cost Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance $ 0 0 $ 0 Standard Cost
of 2 Required information [The following information applies to the questions displayed below.] 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 Overhead 2 DLH @ $11 per DLH bed Units manufactured ok Compute the ht Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. nt AH = Actual Hours SH Standard Hours AR Actual Rate ences SR Standard Rate Actual Cost $ 0 $ 0 0 $ 0 Standard Cost < Prev S GN of 7 --- Next > 2 Part 2 of 2 2.85 points Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $11 per DLH Skipped Units manufactured eBook Compute the Hint Actual Results 42,500 pounds @ $8.10 per pound 13,600 hours @ $16.50 per hour $ 159,100 7,000 units (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. Print AH Actual Hours SH Standard Hours AR = Actual Rate Standard Rate References SR Actual Cost Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance $ 0 0 $ 0 Standard Cost
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...
Related questions
Question
Fill this accounting problem out for me. Please list everything organized in the way it should be in the cells
![of 2
Required information
[The following information applies to the questions displayed below.]
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
Overhead
2 DLH @ $11 per DLH
bed
Units manufactured
ok
Compute the
ht
Actual Results
42,500 pounds @ $8.10 per pound
13,600 hours @ $16.50 per hour
$ 159,100
7,000 units
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
nt
AH = Actual Hours
SH
Standard Hours
AR
Actual Rate
ences
SR
Standard Rate
Actual Cost
$
0
$
0
0
$
0
Standard Cost
< Prev
S
GN
of 7
---
Next >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F32a62cbb-5fa0-464c-8cfe-49942e816c35%2Fa249ab53-0032-4964-9392-64c35e6389f5%2Fg9r57dn_processed.png&w=3840&q=75)
Transcribed Image Text:of 2
Required information
[The following information applies to the questions displayed below.]
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
Overhead
2 DLH @ $11 per DLH
bed
Units manufactured
ok
Compute the
ht
Actual Results
42,500 pounds @ $8.10 per pound
13,600 hours @ $16.50 per hour
$ 159,100
7,000 units
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
nt
AH = Actual Hours
SH
Standard Hours
AR
Actual Rate
ences
SR
Standard Rate
Actual Cost
$
0
$
0
0
$
0
Standard Cost
< Prev
S
GN
of 7
---
Next >
![2
Part 2 of 2
2.85
points
Required information
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Direct materials
Direct labor
Overhead
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $16 per DLH
2 DLH @ $11 per DLH
Skipped
Units manufactured
eBook
Compute the
Hint
Actual Results
42,500 pounds @ $8.10 per pound
13,600 hours @ $16.50 per hour
$ 159,100
7,000 units
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
Print
AH Actual Hours
SH
Standard Hours
AR = Actual Rate
Standard Rate
References
SR
Actual Cost
Direct labor efficiency variance
Direct labor rate variance
Direct materials price variance
Direct materials quantity variance
$
0
0
$
0
Standard Cost](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F32a62cbb-5fa0-464c-8cfe-49942e816c35%2Fa249ab53-0032-4964-9392-64c35e6389f5%2F1w19jqn_processed.png&w=3840&q=75)
Transcribed Image Text:2
Part 2 of 2
2.85
points
Required information
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Direct materials
Direct labor
Overhead
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $16 per DLH
2 DLH @ $11 per DLH
Skipped
Units manufactured
eBook
Compute the
Hint
Actual Results
42,500 pounds @ $8.10 per pound
13,600 hours @ $16.50 per hour
$ 159,100
7,000 units
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
Print
AH Actual Hours
SH
Standard Hours
AR = Actual Rate
Standard Rate
References
SR
Actual Cost
Direct labor efficiency variance
Direct labor rate variance
Direct materials price variance
Direct materials quantity variance
$
0
0
$
0
Standard Cost
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