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1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye.

1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye.

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...
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Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($42,000+ 210,000. units) Standard Quantity 2.50 square feet 1 hour Cost of corkboard used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost. 1 hour Bullseye has the following actual results for the month of September: Number of units produced and sold Number of square feet of corkboard purchased and used Complete this question by entering vour answers in the tabs below. Standard Price (Rate) $2.30 per square feet $ 16.00 per hour. $0.50 per hour Required: 1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. < Prev 41 of 41 190,000 500,000 $1,100,000 198,000 $ 2,989,800 $ 90,000 $ 64,000 Next Standard Unit Cost $ 5.75 16.00 0.50 0.20
Transcribed Image Text:Direct materials (cork board) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($42,000+ 210,000. units) Standard Quantity 2.50 square feet 1 hour Cost of corkboard used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost. 1 hour Bullseye has the following actual results for the month of September: Number of units produced and sold Number of square feet of corkboard purchased and used Complete this question by entering vour answers in the tabs below. Standard Price (Rate) $2.30 per square feet $ 16.00 per hour. $0.50 per hour Required: 1. Calculate the direct materials price, quantity, and total spending variances for Bullseye. 2. Calculate the direct labor rate, efficiency, and total spending variances for Bullseye. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Bullseye. < Prev 41 of 41 190,000 500,000 $1,100,000 198,000 $ 2,989,800 $ 90,000 $ 64,000 Next Standard Unit Cost $ 5.75 16.00 0.50 0.20
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