Problem $16-75($Algo$)$ Comprehensive Variance Problem $($LO $16-5,6)$

Acobihwood Fixtures mewfactures two products, K$4$ and X$7,$ The compary prepares its master budget on the balis of standard cours.

The following data are for September:

$\backslash$table$[[$Standards$,54,87],[$Direct naterials,$9\mathrm{.}75$ pounds at $16\mathrm{.}20$ per pound,$1$ pound an $57,28$ par pound$],[,1\mathrm{.}25$ hours at $$4\mathrm{.}64$ per hour,$1\mathrm{.}59$ hours at sid per hour$],[$Variable overhead $($per direct laber$-$heur$),519\mathrm{.}89,521\mathrm{.}64],[$Fixed everheal $($per einth$),1444,729,5422,438],[$Actual results,$17,200,23,414],[$barect naterial $($purchased and used$),,],[$Birect Labor,$9,6$ee pounds at M$,$ M$,$ per pound,$44,130],[$Variable swerhead,$53$e$3,46$e$,5457,212],[$Fixed everhead,$5379,740,$$$489,720],[$Units produced $($actual$),12\mathrm{.}964$ units,$14,430$ units$]]$

Required:

a$.$ Prepare a variance analysis for each variable cost for each product.

b$.$ Prepare a fixed overhead variance analysis for each product.

Note: For all requirements, Do not round infermediate calculations. Indicate the effect of each variance by selecting $"$F$"$ for favorabile, or $"$U$"$ for unfaverable. If there is no effect, do not select either option.

$\backslash$table$[[,$K$4,87],[$Price Variance,Emiclency Varlance,Production Wolume Veriance,Price Variance,Efflelency Variance,Production Volume Variance$],[$Direct materials,,,,,,$],[$Directilabor$,,,,,,],[$Variable overtanad,,,,,,$],[$Fieed overtiead,,,,,,$]]$

Problem $16-75($Algo$)$ Comprehensive Variance Problem $($LO $16-5,6)$

Robirwood Rutures manufachures bwo producti, K$\mathrm{.}4$ and XC$.$ The company prepares is masser budget on the bais of slarderd coss The following dati are for September

$\backslash$table$[[$Stanaares$,54,$x$],[$bifect eaterials,,$1$ pous of st$.$ te per plost$],[$bifect later,$1\mathrm{.}25$ heary at sid$\mathrm{.}6$e per har,$1,1$e nevery of sie per hour$],[$Wersable suertand $($per direct laberaburl,$515\mathrm{.}80,5\mathrm{.}21\mathrm{.}40],[$Pined everhabel $($per sentin$),+$ Al$4,$ Jie,$1493\mathrm{.}830],[$Esperted activity $($difect later$-$hewrs$),17,3$tt$,37,414],[$Artwel results,$9,648,14,138$ pownst of SYuSe per plunt$],[$birect labar,$14,730,22,230$ heurs at sm$\mathrm{.}30$ per hour$],[$Versable suerhead,$15989,64,,5453,212],[*$ised evertmed,$ $378,748,4\mathrm{.}489,734],[$Units preduced $($actual$),13,440$ witt,$14,458$ whits$]]$

Required:

$2.$ Prepare a variance analysh for each valubile cost for each product

b$.$ Prepare a fised overhead warlance analysis for each product.

Note: For all requirements, Do not round intermediate calculations. Indicate the effect ef each variance by selecting $"$F$"$ for fovorable, or $"$U$"$ for unfavorable. If there is ne effect, do net select elther option.

$\backslash$table$[[,$k$4,$xt$],[$Prise Variance,Efficiency Wariance,Predultion wolume Verient,Price Variance,EHciency Whance,Freduction Wolum Werarse$],[$Direat materials,$5,5,750,1,$F$,,8,$u$,5,0,],[$Direct labor,$5,4\mathrm{.}346,5,$F$,,5,$v$,5,0,],[$Varable oveltiead,$$,$u$,5,$F$,,5,$u$,,$f$,],[$Fixed ovelyead,,$7,,,0,,$V$,,,0]]$