Question: URGENT PLEASE HELP WITH THIS TWO QUESTION ANSWER WITH CORRECT ANSWER PLEASE. I PROMISE YOU I WILL GIVE YOU THUMBS UP 1) 2) Bonita Industries

URGENT PLEASE HELP WITH THIS TWO QUESTION ANSWER WITH CORRECT ANSWER PLEASE. I PROMISE YOU I WILL GIVE YOU THUMBS UP

1)

URGENT PLEASE HELP WITH THIS TWO QUESTION ANSWER WITH CORRECT ANSWER PLEASE.

2)

I PROMISE YOU I WILL GIVE YOU THUMBS UP 1) 2) Bonita

Bonita Industries produces a product that requires 2.5 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.5 pounds and 0.1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.1 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $12 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.2 hours and 0.1 hours, respectively. The standard direct materials quantity per unit is 2.6 pounds. 2.5 pounds. O 3.0 pounds. 3.1 pounds. The predetermined overhead rate for Swifty Corporation is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $10656 variable and $6480 fixed, and 1800 units were produced. The direct labor standard is 2 hours per unit produced. The total overhead variance is $864U. O $2160 F. O $864 F. $2160 U

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