Required: a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all...

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Required: a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below. Complete this question by entering your answers in the tabs below. Required A Required B Required C Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? Actual Applied Overhead < Required A Required C > Required: a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below. Complete this question by entering your answers in the tabs below. Required A Required B Required C Complete the standard cost sheet for a device given below. Note: Do not round intermediate calculations. Direct materials, ounces at $2.80 per ounce Direct labor, 0.4 hours at per hour Overhead, 0.4 hours at per hour per device per device per device Total costs $ 30 per device < Required B Required C Copland Components manufactures an electronic device for vehicle manufacturing. The current standard cost sheet for a device follows: Direct materials, ? ounces at $2.80 per ounce Direct labor, 0.40 hours at ? per hour Overhead, 0.40 hours at ? per hour Total costs $ ? per device ? per device ? per device $ 30 per device Assume that the following data appeared in Copland's records at the end of the past month: Actual production Actual sales Materials costs (556,000 ounces) Materials price variance Materials efficiency variance Direct labor price variance Direct labor (40,900 hours) Over applied overhead (total) There are no materials inventories. Required: 104,840 units 98,500 units $ ? 66,400 U 89,040 U 20,450 F 1,002,050 26,900 a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below. Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare a variance analysis for direct materials and direct labor. Actual Inputs at Standard Price Actual Price SP x AQ AP x AQ Price Variance Direct Materials $ 66,400 U Flexible Budget $ Efficiency Variance 89,040 U SP X SQ Direct labor $ 1,002,050 $ 20,450 F < Required A Required B > Required: a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below. Complete this question by entering your answers in the tabs below. Required A Required B Required C Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? Actual Applied Overhead < Required A Required C > Required: a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below. Complete this question by entering your answers in the tabs below. Required A Required B Required C Complete the standard cost sheet for a device given below. Note: Do not round intermediate calculations. Direct materials, ounces at $2.80 per ounce Direct labor, 0.4 hours at per hour Overhead, 0.4 hours at per hour per device per device per device Total costs $ 30 per device < Required B Required C Copland Components manufactures an electronic device for vehicle manufacturing. The current standard cost sheet for a device follows: Direct materials, ? ounces at $2.80 per ounce Direct labor, 0.40 hours at ? per hour Overhead, 0.40 hours at ? per hour Total costs $ ? per device ? per device ? per device $ 30 per device Assume that the following data appeared in Copland's records at the end of the past month: Actual production Actual sales Materials costs (556,000 ounces) Materials price variance Materials efficiency variance Direct labor price variance Direct labor (40,900 hours) Over applied overhead (total) There are no materials inventories. Required: 104,840 units 98,500 units $ ? 66,400 U 89,040 U 20,450 F 1,002,050 26,900 a. Prepare a variance analysis for direct materials and direct labor. b. Assume that all production overhead is fixed and that the $26,900 overapplied is the only overhead variance that can be computed. What are the actual and applied overhead amounts? c. Complete the standard cost sheet for a device given below. Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare a variance analysis for direct materials and direct labor. Actual Inputs at Standard Price Actual Price SP x AQ AP x AQ Price Variance Direct Materials $ 66,400 U Flexible Budget $ Efficiency Variance 89,040 U SP X SQ Direct labor $ 1,002,050 $ 20,450 F < Required A Required B >

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