A B The Galatic Empire Company had the following budget for the construction of the New...
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A B The Galatic Empire Company had the following budget for the construction of the "New and Improved Death Star" materials 1,100,000 square yards at a cost of $5.75 per yard Direct labor: 204,000 hours at $20 per hour Variable overhead: $1.35 per labor hour Fixed overhead: $400,000 total expected cost 11080400 Now that the "New and Improved Death Star" is completed, the CEO, Sir Vadar noticed it cost $11,050,000 Upon examinatinon Vadar found the following: material spent: $6275700 using 1,101,000 square yards of material Direct labor spent: variable overhead spent fixed overhead ? $3,895,000 employees worked 205,000 hours $270,600 REQUIRED; Determine the total material variance A) DETERMINE THE MATERIAL QUANTITY VARIANCE B) DETERMINE THE MATERIAL PRICE VARIANCE Determine the total labor variance C) DETERMINE THE DIRECT LABOR RATE VARIANCE D) DETERMINE THE DIRECT LABOR EFFECIENCY VARIANCE Determine the total variable overhead variance E) DETERMINE THE VARIABLE OVERHEAD SPENDING VARIANCE F) DETERMINE THE VARIABLE OVERHEAD EFFECIENCY VARIANCE G) DETERMINE THE TOTAL FIXED OVERHEAD VARIANCE Determine the fixed overhead spending variance Determine the fixed overhead volume variance. (fixed overhead is allocated based on labor hours) A B The Galatic Empire Company had the following budget for the construction of the "New and Improved Death Star" materials 1,100,000 square yards at a cost of $5.75 per yard Direct labor: 204,000 hours at $20 per hour Variable overhead: $1.35 per labor hour Fixed overhead: $400,000 total expected cost 11080400 Now that the "New and Improved Death Star" is completed, the CEO, Sir Vadar noticed it cost $11,050,000 Upon examinatinon Vadar found the following: material spent: $6275700 using 1,101,000 square yards of material Direct labor spent: variable overhead spent fixed overhead ? $3,895,000 employees worked 205,000 hours $270,600 REQUIRED; Determine the total material variance A) DETERMINE THE MATERIAL QUANTITY VARIANCE B) DETERMINE THE MATERIAL PRICE VARIANCE Determine the total labor variance C) DETERMINE THE DIRECT LABOR RATE VARIANCE D) DETERMINE THE DIRECT LABOR EFFECIENCY VARIANCE Determine the total variable overhead variance E) DETERMINE THE VARIABLE OVERHEAD SPENDING VARIANCE F) DETERMINE THE VARIABLE OVERHEAD EFFECIENCY VARIANCE G) DETERMINE THE TOTAL FIXED OVERHEAD VARIANCE Determine the fixed overhead spending variance Determine the fixed overhead volume variance. (fixed overhead is allocated based on labor hours)
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