Question: Please provide the answer for Question B only. You are required to design and evaluate the variances (Standard Costing) on the manufacturing 1200 units of
Please provide the answer for Question B only.

You are required to design and evaluate the variances (Standard Costing) on the manufacturing 1200 units of inventories (products) in TWO (2) stages (life cycle) including the forecasting of the duration or time required and the total production cost (Direct materials (DM), Direct Labor (DL), Direct expenses (DE) and Overhead expenses (OH). Prepare a columnar table showing the forecast (standard) and actual costs having ALL favorable variances in STAGE 1 and ALL Adverse variances in STAGE 2. A. Standard Production (Budgeted for whole project) Cost per unit are as follows, You are to allocate the costs for the 2 stages (No need answer this question) QUESTION B (ONLY ANSWER QUESTION B) . Requirements of the assignment are as below: - a) GANTT Chart - total duration including the 2 stages
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
