chapter 22 hw acct -...

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a.  Standard hours allowed for the Cutting/Assembly and Coating Departments for the year  (by department) Standard Quantity per unit = 1/60 = 0.166 cutting assembly Standard Quantity per unit = 1/40 = 0.025 coating departments b. Direct materials price variances (by material) Sheet aluminum 15 cents, Total variance $41,184 (F) Liter of coating 10 cents, Total variance $17,472 (V) Gas JFJ 5 cents, Total variance $ 6,245.50 (U) c.  Direct materials quantity variances (by material) Sheet of aluminum = 34,272 (U) Liter of coating = 17,664 (F) Gas JFJ = 21,487.50 (U) d.  Direct labor rate variances (by department) (Cutting and Assembly) 25 cents = 600 (F) (Coating) 50 cents = 1,560 (U) e.  Direct labor efficiency variances (by department)      (Cutting and Assembly) = 1,560 (U)      (Coating) = 270 (U)   Internet Research 1. How does variance analysis affect decision make by management?      Variance analysis” in budgeting is a tool of budgetary control by evaluation of 
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chapter 22 hw acct -...

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