Question & Answer: 5. Lido C actually standard and are given below ctual costs per unit for the most recent period, during which 400 units woe Actual 21 m 1 60 per St…..

5. Lido C actually standard and are given below ctual costs per unit for the most recent period, during which 400 units woe Actual 21 m 1 60 per Standard 15hat6 00 per hr Actual 14 hes 56 50 per te 1336 900 910 Actual 14h1 $310 per Total unit o 16 were no inventory of materials at the beginning or end of the period Required From the above information, compute the following variances Show whether the varance is avceurable unfavourable (U): a) Materials price variance b) Materials quantity variance c) Direct labour rate variance d) Direct labour efficiency variance e) Variable overhead spending variance 1) Variable overhead efficiency variance

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5. Lido C actually standard and are given below ctual costs per unit for the most recent period, during which 400 units woe Actual 21 m 1 60 per Standard 15hat6 00 per hr Actual 14 hes 56 50 per te 1336 900 910 Actual 14h1 $310 per Total unit o 16 were no inventory of materials at the beginning or end of the period Required From the above information, compute the following variances Show whether the varance is avceurable unfavourable (U): a) Materials price variance b) Materials quantity variance c) Direct labour rate variance d) Direct labour efficiency variance e) Variable overhead spending variance 1) Variable overhead efficiency variance

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Question & Answer: 5. Lido C actually standard and are given below ctual costs per unit for the most recent period, during which 400 units woe Actual 21 m 1 60 per St..... 1

VOH spending variance = Standard VOH cost – Actual VOH cost

400 * 5.10 – 400 * 4.34 = $ 304 ( favourable )

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