Question & Answer: show FORMULAS FOR EVERY QUESTION MARK YOU SOLVE…..

Please show FORMULAS FOR EVERY QUESTION MARK YOU SOLVE,
Inputs	Standard Quantity		Standard Price
Direct materials	3.0	pounds	$4.00	per pound
Direct labor	0.50	hours	$22.00	per hour
Variable manufacturing overhead	0.50	hours	$6.00	per hour

Actual results:
Actual output	2,040	units
Actual variable manufacturing overhead cost	$4,946
	Actual Quantity		Actual price
Actual direct materials cost	6,030	pounds	$4.10	per pound
Actual direct labor cost	785	hours	$21.70	per hour

Enter a formula into each of the cells marked with a ? below
Main Example: Chapter 10

Exhibit 10-4: Standard Cost Variance Analysis–Direct Materials
Standard Quantity Allowed for the Actual Output, at Standard Price	?	pounds ×	?	per pound =	?
Actual Quantity of Input, at Standard Price	?	pounds ×	?	per pound =	?
Actual Quantity of Input, at Actual Price	?	pounds ×	?	per pound =	?
Direct materials variances:
Materials quantity variance	?
Materials price variance	?
Materials spending variance	?

Exhibit 10-6: Standard Cost Variance Analysis–Direct Labor
Standard Hours Allowed for the Actual Output, at Standard Rate	?	hours ×	?	per hour =	?
Actual Hours of Input, at Standard Rate	?	hours ×	?	per hour =	?
Actual Hours of Input, at Actual Rate	?	hours ×	?	per hour =	?
Direct labor variances:
Labor efficiency variance	?
Labor rate variance	?
Labor spending variance	?

Exhibit 10-8: Standard Cost Variance Analysis–Variable Manufacturing Overhead
Standard Hours Allowed for the Actual Output, at Standard Rate	?	hours ×	?	per hour =	?
Actual Hours of Input, at Standard Rate	?	hours ×	?	per hour =	?
Actual Hours of Input, at Actual Rate	?	hours ×	?	per hour =	?
Variable overhead variances:
Variable overhead efficiency variance	?
Variable overhead rate variance	?
Variable overhead spending variance	?

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