Question: 23-3 PLEASE ANSWER EACH REQUIREMENT Data Table Standard Cost Information Quantity Cost 0.15 per part 8.00 per hour 9.00 per hour Direct Materials 2 parts

23-3 PLEASE ANSWER EACH REQUIREMENT

23-3 PLEASE ANSWER EACH REQUIREMENT Data Table Standard Cost Information Quantity Cost0.15 per part 8.00 per hour 9.00 per hour Direct Materials 2parts 0.02 hours .02 hours Direct Labor Variable Manufacturing Overhead0.02 hours FiedManufacturing Overhead Fixed Manufacturing Overhead ($29,100 for static budget volume of 97,000

Data Table Standard Cost Information Quantity Cost 0.15 per part 8.00 per hour 9.00 per hour Direct Materials 2 parts 0.02 hours .02 hours Direct Labor Variable Manufacturing Overhead0.02 hours Fied Manufacturing Overhead Fixed Manufacturing Overhead ($29,100 for static budget volume of 97,000 units and 1,940 hours, or $15 per hour) Actual Cost Information Direct Materials Direct Labor Variable Manufacturing Overhead (210,000 parts 0.20 per part) 42,000 (1,640 hours@ 8.10 per hour) 13,284 8,000 L Fixed Manufacturing Overhead Fixed Manufacturing Overhead 28,000 . Print Done

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!