Question

Bullseye Company manufactures dartboards. Its standard cost information follows:


Bullseye has the following actual results for the month of September:
Number of units produced and sold ....... 140,000
Number of square feet of corkboard used ..... 360,000
Cost of corkboard used ............ $ 756,000
Number of labor hours worked ....... 148,000
Direct labor cost ............ $1,938,800
Variable overhead cost ........... $ 72,000
Fixed overhead cost ........... $ 50,000

Required:
Calculate the following for Bullseye:
1. Direct materials price, quantity, and spending variances.
2. Direct labor rate, efficiency, and spending variances.
3. Variable overhead rate, efficiency, and spendingvariances.


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  • CreatedFebruary 27, 2015
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