1 2 3 4 7.8.9 1011114 5 6 Direct materials 12 13 A Chapter 10: Applying Excel 15 Data Exhibit 10-1: Standard Cost Card I
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
1 2 3 4 7.8.9 1011114 5 6 Direct materials 12 13 A Chapter 10: Applying Excel 15 Data Exhibit 10-1: Standard Cost Card I
b-1. What is the labor efficiencyvariance?
b-2. What is the labor rate variance?
c-1. What is the variable overheadefficiency variance?
c-2. What is the variable overhead ratevariance?
1 2 3 4 7.8.9 1011114 5 6 Direct materials 12 13 A Chapter 10: Applying Excel 15 Data Exhibit 10-1: Standard Cost Card Inputs Direct labor Variable manufacturing overhead Actual results: Actual output Actual variable manufacturing overhead cost Actual direct materials cost Actual direct labor cost B Standard Quantity 3.0 pounds 0.50 hours 0.50 hours 2,160 units C 6,752.00 Actual Quantity 6,585 pounds 1,055 hours $ SA $ $ D E Standard Price 4.00 per pound 22.00 per hour 6.00 per hour Actual price 3.90 per pound 21.70 per hour