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Complete the table belovw for the missing variances. E (Click the icon to view the table.) Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). (b) Total Direct Materials Variance (c) Total Direct Labor Variance Data Table (e) Total Variable Overhead Variance () Total Fixed Overhead Variance (d) Total Manufacturing Overhead Variance Total Flexible Budget Product Cost Variance (a) Total Flexible Budget Product Cost Variance (a) Total Direct Total Direct Total Manufacturing Materials Variance Overhead Variance Labor Variance (b) (c) (d) Direct Materials Direct Materials Direct Labor Direct Labor Total Variable Total Fixed Cost Variance Efficiency Variance Cost Variance Efficiency Variance $ 340 U S 520 F Overhead Variance Overhead Variance $ 420 F 165 U (e) (0 Variable Overhead Variable Overhead Fixed Overhead Cost Variance Efficiency Variance Cost Variance 225 U 400 F 24 75 F Print Done

Complete the table belovw for the missing variances. E (Click the icon to view the table.) Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). (b) Total Direct Materials Variance (c) Total Direct Labor Variance Data Table (e) Total Variable Overhead Variance () Total Fixed Overhead Variance (d) Total Manufacturing Overhead Variance Total Flexible Budget Product Cost Variance (a) Total Flexible Budget Product Cost Variance (a) Total Direct Total Direct Total Manufacturing Materials Variance Overhead Variance Labor Variance (b) (c) (d) Direct Materials Direct Materials Direct Labor Direct Labor Total Variable Total Fixed Cost Variance Efficiency Variance Cost Variance Efficiency Variance $ 340 U S 520 F Overhead Variance Overhead Variance $ 420 F 165 U (e) (0 Variable Overhead Variable Overhead Fixed Overhead Cost Variance Efficiency Variance Cost Variance 225 U 400 F 24 75 F Print Done

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 46E: Refer to the information for Cinturon Corporation on the previous page. Required: 1. Break down the...
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Complete the table below for the missing variances. E (Click the icon to view the table.) Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). (b) Total Direct Materials Variance (c) Total Direct Labor Variance Data Table (e) Total Variable Overhead Variance (f) Total Fixed Overhead Variance (d) Total Manufacturing Overhead Variance Total Flexible Budget Product Cost Variance (a) Total Flexible Budget Product Cost Variance (a) Total Direct Total Direct Total Manufacturing Materials Variance Labor Variance Overhead Variance (b) (c) (d) Direct Materials Direct Materials Direct Labor Direct Labor Total Variable Total Fixed Cost Variance Efficiency Variance Cost Variance Efficiency Variance Overhead Variance Overhead Variance $ 420 F 165 U $ 340 U $ 520 F (e) (f) Variable Overhead Variable Overhead Fixed Overhead Cost Variance Efficiency Variance Cost Variance $ 225 U $ 400 F $ 75 F Print Done
Transcribed Image Text:Complete the table below for the missing variances. E (Click the icon to view the table.) Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). (b) Total Direct Materials Variance (c) Total Direct Labor Variance Data Table (e) Total Variable Overhead Variance (f) Total Fixed Overhead Variance (d) Total Manufacturing Overhead Variance Total Flexible Budget Product Cost Variance (a) Total Flexible Budget Product Cost Variance (a) Total Direct Total Direct Total Manufacturing Materials Variance Labor Variance Overhead Variance (b) (c) (d) Direct Materials Direct Materials Direct Labor Direct Labor Total Variable Total Fixed Cost Variance Efficiency Variance Cost Variance Efficiency Variance Overhead Variance Overhead Variance $ 420 F 165 U $ 340 U $ 520 F (e) (f) Variable Overhead Variable Overhead Fixed Overhead Cost Variance Efficiency Variance Cost Variance $ 225 U $ 400 F $ 75 F Print Done
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Direct labor total cost variance shows the impact of any overall change in the amount spent on labor, and it has 2 components- the labor rate and the labor efficiency variances.

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