Landkirk computes its overhead rates using practical volume, which is 3,400 units. The actual results for the year are as follows: ( SEE PICTURE ATTACHED) ADDITIONAL INFO Units produced: 3,100 Actual yield: 4,650 kg Direct materials purchased: Almond 2,800 kg @ P56.00; Chocolate 4,000 @ P57.00 Direct materials used: Almond 2,500 kg; Chocolate 3,600 kg Direct labor: Assembly 1,800 hours @ 40.00; Packaging 1,500 hours @ P40.00 Variable overhead: P65,000 Fixed overhead: P105,000 Material price variance Material quantity variance Material mix variance Material yield variance

Landkirk computes its overhead rates using practical volume, which is 3,400 units. The actual results for the year are as follows: ( SEE PICTURE ATTACHED) ADDITIONAL INFO Units produced: 3,100 Actual yield: 4,650 kg Direct materials purchased: Almond 2,800 kg @ P56.00; Chocolate 4,000 @ P57.00 Direct materials used: Almond 2,500 kg; Chocolate 3,600 kg Direct labor: Assembly 1,800 hours @ 40.00; Packaging 1,500 hours @ P40.00 Variable overhead: P65,000 Fixed overhead: P105,000 Material price variance Material quantity variance Material mix variance Material yield variance

Name: Landkirk computes its overhead rates using practical volume, which is
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Description: Landkirk computes its overhead rates using practical volume, which is 3,400 units. The actual results for the year are as follows:( SEE PICTURE ATTACHED)ADDITIONAL INFOUnits produced: 3,100Actual yield: 4,650 kgDirect materials purchased: Almond 2,80

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...

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