View Policies Current Attempt in Progress Ayala Corporation accumulates the following data relative to jobs started and

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View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 1 (67.12 KiB) Viewed 34 times

View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 2 (48.22 KiB) Viewed 34 times

View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 3 (51.3 KiB) Viewed 34 times

View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 4 (28.72 KiB) Viewed 34 times

View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 5 (26.37 KiB) Viewed 34 times

View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 6 (41.15 KiB) Viewed 34 times

View Policies Current Attempt In Progress Ayala Corporation Accumulates The Following Data Relative To Jobs Started And 7 (43.83 KiB) Viewed 34 times

View Policies Current Attempt in Progress Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2020. Costs and Production Data Actual Standard Raw materials unit cost $2.10 Raw materials units 10,300 Direct labor payroll $168,720 Direct labor hours 15,200 Manufacturing overhead incurred Manufacturing overhead applied $205,200 Machine hours expected to be used at normal capacity 41,500 Budgeted fixed overhead for June $62,250 Variable overhead rate per machine hour $3.00 Fixed overhead rate per machine hour $1.50 Overhead is applied on the basis of standard machine hours, 3.00 hours of machine time are required for each direct labor hour. The jobs were sold for $459,000. Selling and administrative expenses were $38,700. Assume that the amount of raw materials purchased equaled the amount used. Compute all of the variances for (1) direct materials and (2) direct labor, (Round per unit volues to 2 decimal places, eg. 52.75 and final answers to 0 decimal places, eg. 52.) 111 Total materiale variance $2.30 11,200 $174,000 15,000 $202.100
Fixed overhead rate per machine hour $1.50 Overhead is applied on the basis of standard machine hours, 3.00 hours of machine time are required for each direct labor hour. The jobs were sold for $459,000. Selling and administrative expenses were $38.700. Assume that the amount of raw materials purchased equaled the amount used. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to O decimal places, eg. 52.) (1) Total materials variance $ Materials price variance $ Materials quantity variance $ Total labor variance $ Labor price variance Labor quantity variance (2) eTextbook and Media Compute the total overhead variance. $ $ 3
Question 2 of 2 - 18 eTextbook and Media Compute the total overhead variance. Total overhead variance $ eTextbook and Media Prepare an income statement for management. (Ignore income taxes.) (Round per unit values to 2 decimal places. eg. 52.75 and final answers to 0 decimal places, e.g. 52.) AYALA CORPORATION Income Statement
Question 2 of 2 > ATADT CONT UNITION Income Statement > -/8 1
Question 2 of 2 > ATALT BORT UNITION Income Statement -/8 1
Question 2 of 2 < Overhead Gross Profit (at standard) Materials Quantity Labor Quantity Cost of Goods Sold (at standard) Selling and Administrative Expenses Total Variance Sales Revenue Variances Materials Price Cost of Goods Sold (actual) Gross Proft (actual) Net Income/(Loss) Labor Price $ Income Statement
Question 2 of 2 < > > > $ Income Statement June 30, 2020 For the Year Ended June 30, 2020 For the Month Ended June 30, 2020 V -/8 E