Question: Require Lab Note: The tools presented in this lab periodically change. Updated instructions, if applicable, can be found in the eBook and lab walkthrough videos
Require Lab Note: The tools presented in this lab periodically change. Updated instructions, if applicable, can be found in the eBook and lab walkthrough videos in Connect Case Summary: Slinte has branched out in recent years to offer custom-branded microbrews for local bars that want to offer a distinctive tap and corporate events where a custom brew can be used to celebrate a big milestone. Each of these custom orders fall into one of two categories: Standard jobs include the brew and basic package design, and Premium jobs include customizable brew and enhanced package design with custom designs and upgraded foil labels. Slinte's management has begun tracking the costs associated with each of these custom orders with job cost sheets that include materials, labor, and overhead allocation. You have been tasked with helping evaluate the costs for these custom jobs. Data: Lab 7-1 Slainte Job Costs.zip-26KB Zip/30KB Excel ote: Submit your answers for the following Analysis Questions in the text entry field below. Q1. What do you notice about the variances for direct labor cost and overhead cost? What might explain the similarities or differences? Q2. Look at Job 3217 and comment on the cost and profit variances. What might explain these variances? Q3. For the job(s) with negative profit, are all variances unfavorable? What is (are) the biggest driver(s) for the loss
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Here is a detailed lab note answering the questions based on the case summary you provided Since I do not have access to the actual data file Lab 71 Slainte Job Costszip I will outline a model answer ... View full answer
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