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- I alrdeady provided the correct answers, please show me the solutions. The income data of Escano Company for the years 200B and 200A are follows: 200B 200A Variance Sales P276,000 P204,000 P72,000 favorable COGS 151,800 122,400 P29,400 unfavorable Gross Profit P124,200 P81,600 P42,600 favorable If the sales price in 200B is approximately 20% higher than the sales price 200A, the P72,000 increase in sales may be analyzed into: P46,000 favorable P26,000 favorable The number of units increased (decreased) by 12.745% The P29,400 increase in cost of sales may be analyzed into:Cost Price Variance Cost Volume Variance P15,600 unfavorable P13,800 favorable The 200B cost price is higher (lower) than the 200A cost price by10%Find the missing values and label F/U Direct Labor Direct Labor Direct Labor Rate Variance Efficiency Variance Spending Variance A.$ 1500 U $2700 F ? B.$ 1250 F ? $2000 U C.$ 1750 F ? $3300 F D. ? $ 1250 U $4000 U E. ? $ 1850 F $ 2700 F.$1400 U $1900 U ?On January 1 2020, South by Southwest Company used least squares regression analysis to estimate the total monthly payroll department cost of the company in 2020. The followings are the output from the regression analysis based on the observation of the payroll department cost( dependent variable) and the labor hours worked ( independent variable) for the last 20 months: Constant $18,000 r2 0.8924 X coefficient(s) $ 2.55 Required: BASED ON THE OUTPUT FROM THE REGRESSION ANALYSIS a. What is the total estimated fixed payroll department cost? b. What is the variable payroll department cost per labor hour? c. What is the estimate cost function of the payroll department cost? d. What is the coefficient of determination? Comment on the goodness of fit of the cost function? Plzz give all the ans
- 1.) what is the spending variance for wages and salaries? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect) 2. What is spending variance for total expenses ? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect)The income data of SB Kopi for the years 200B and 200A are as follows: 200B 200A Variance Sales 276,000.00 204,000.00 72,000.00 F Cost of Sales 151,800.00 122,400.00 29,400.00 U Gross Profit 124,200.00 81,600.00 42,600.00 Question: If the sales price in 200B is approximately 20% higher that the sales price in 200A, the P72,000 increase in sales may be analyzed into: Sales Price Variance Sales Volume Variance a 46,000 favorable 26,000 unfavorable b 46,000 unfavorable 26,000 favorable c 26,000 favorable 46,000 favorable d 46,000 favorable 26,000 favorable Group of answer choices B A C D Question: The 29,400 increase in cost of sales may be analyzed into: Cost Volume Variance Cost Price Variance a 15,000 favorable…Consider the NPV sensitivity analysis reported in the following table (the numbers in the body of the table are dollars). Deviation Cover sales Price Operating cost Discount rate +20% -108,680 -70,765 -180,678 -150,987 +10% -122,783 -98,498 -160,094 -145,876 Base case -150,929 -150,929 -150,929 -150,929 -10% -164,890 -189,756 -125,098 -138,743 -20% -189,428 -200,690 -115,867 -133,987 Range 80,748 129,925 64,811 17,000 A) Which variable is the most risky for the project? Explain why. B) Which variable is the least risky for the project? Explain why. C) If you were told that the probability of any deviation in the risky event you identified in a) was 0.001%, how would that affect the answer you gave in a)?
- 1. Summarize the variances that you computes in (1) above by showing the net overall favorable or unfavorable variances for the month. What impact did this figure have on the company's income statement? Show computations 2.Pick out the two most significant variances that you computed in (1) above. Explain tMs. Dunn possible causes of these variances.What is the total gross profit variance? A. 2,000 favorable B. 2,000 unfavorable C. 1,000 unfavorable D. 2,500 favorableQ.Compute the professional labor price and efficiency variances for the third quarter of 2017.
- Determine whether conditions are favorable or unfavorable. 1. Material purchase price variance (MPPV)2. Material price usage variance (MPUV)3. Material quantity variance (MQV)4. Labor rate variance (LRV)5. Labor efficiency variance (LEV)6. Variable overhead (VOH) rate variance7. VOH efficiency variance8. Fixed overhead (FOH) spending variance9. FOH volume varianceIndicate whether each statement is true or false.1.a) DM quantity variance is favorable when the actual price is lower than the standardprice/pound. (……….)1.b) DL rate variance is unfavorable when the actual rate per hour was greater than thestandard rate per hour. (……….)Required: (a) Which formula will correctly calculate the direct labour efficiency variance in cell B18? A = (C9*C4)- B13B = B13-(C9*C4)C = (C9*C4)- (150,000*8)D = (150,000-(C9*6))*8 (b) Calculate the following for month 1: (i) Sales volume variance and state whether it is favourable or adverse; (ii) Sales price variance and state whether it is favourable or adverse.