1 2 points eBook References Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost

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1 2 Points Ebook References Barley Hopp Inc Manufactures Custom Ordered Commemorative Beer Steins Its Standard Cost 1 (73.59 KiB) Viewed 12 times

1 2 points eBook References Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Unit Cost $ 2.72 22.40 Direct materials (clay). Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($352,000.00 + 160,000.00 units) Barley Hopp had the following actual results last year: Number of units produced and sold Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Standard Quantity 1.60 lbs. 1.60 hrs. 1.60 hrs. 165,000 298, 200 536,760 210,000 $3,780,000 $ $ $ 320,000 355,000 Standard Price (Rate) $ 1.70 per lb. $14.00 per hr. $ 1.30 per hr. 2.08 2.20 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. Check my work 3

2 points eBook ច References Cost of clay Number of labor hours worked Direct labor cost. Variable overhead cost Fixed overhead cost Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. Complete this question by entering your answers in the tabs below. Required 1 Required 2 $ 536,760 210,000 $3,780,000 $ 320,000 355,000 $ Required 3 Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Direct Materials Price Variance Direct Materials Quantity Variance Direct Materials Spending Variance < Required 1 Required 2 >

2 points eBook ច References Cost of clay Number of labor hours worked Direct labor cost. Variable overhead cost Fixed overhead cost Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. $ 536,760 210,000 $3,780,000 $ 320,000 355,000 $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Direct Labor Rate Variance Direct Labor Efficiency Variance Direct Labor Spending Variance < Required 1 Required 3 >

2 points eBook ច References Cost of clay Number of labor hours worked Direct labor cost. Variable overhead cost Fixed overhead cost Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. $ 536,760 210,000 $3,780,000 $ 320,000 355,000 $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance < Required 2 Required 3 >