Question: please answer requirements 1-4 and include formulas used. thank you 10 10 completely HW Score: 70%. 7 of 10 pts Homework: HW #10 - Chapter



10 10 completely HW Score: 70%. 7 of 10 pts Homework: HW #10 - Chapter 11 Score: 0 of 1 E11-29A (similar to) Grand Demande deler utan There we are methiw the standardikecewa Meriman 1, Cut write and be cancy verwerbar her moure elementi in inert wieder von von Fountavoti bied DL Druction ter wieder inte variare First meine The forms for the leader, the compute the rate variance for direct later D SP Die Si vouw Budgeting 2170 13 400 200 bor DECIR 5 CA Chow X DL rate varia i Standard Price and Volume ---- 11 pounds per pot at a cost of $6.00 per pound 2.0 hours at a cost of $17.00 per hour $3.00 per direct labor hour Direct materials (resin). Direct labor.. Standard variable manufacturing overhead rate Budgeted fixed manufacturing overhead .... Standard fixed MOH rate.. BE $37,400 $12.00 per direct labor hour (DLH) Print Done i Actual Results Grand Display allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,600 flower pots: Purchased 18,940 pounds at a cost of $6.40 per pound; Direct materials.. used 18, 240 pounds to produce 1,600 pots Worked 2.4 hours per flower pot (3,840 total DLH) at a Direct labor...... cost of $15.00 per hour Actual variable manufacturing $3.30 per direct labor hour for total actual variable overhead manufacturing overhead of $12,672 Actual fixed manufacturing overhead $37,000 Standard fixed manufacturing overhead allocated based on actual production. $38,400 ..... Print Done a br i Requirements w 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances. ct e et ca Je -ol Print Done
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