Question: View Policies Current Attempt in Progress Sheffield, Inc. is planning to produce 2,560 units of product in 2022. Each unit requires 3 pounds of materials

 View Policies Current Attempt in Progress Sheffield, Inc. is planning to
produce 2,560 units of product in 2022. Each unit requires 3 pounds

View Policies Current Attempt in Progress Sheffield, Inc. is planning to produce 2,560 units of product in 2022. Each unit requires 3 pounds of materials at $6 per pound and a half hour of labor at $16 per hour. The overhead rate is 75% of direct labor. (a) Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct Materials $ Direct Labor $ Overhead Savetor Later Attempts: 0 of 1 used Submit Answer During March, Sarasota, Inc. purchases and uses 10.300 pounds of materials costing $42.230 to make 4.700 tiles Sarasota's standard material cost per tile is $8.1012 pounds of material X $4.05). Compute the total, price, and quantity material variances for Sarasota, Inc for March. Identify whether each variance is favorable or unfavorable. Total Materials Variance $ Materials Price Variance $ Materials Quantity Variance $ Not Applicable Favorable Unfavorable Se for Later Attempts: 0 of 1 used Submit

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