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Chapter 23 Problems to Ponder Answers

# Chapter 23 Problems to Ponder Answers - CHAPTER 23Solutions...

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Ch23 SE3 STANDARD COSTING AND VARIANCE ANALYSIS Chapter 23, SE 3. Direct materials cost ( \$10.20 × 5 lbs. ) \$51.00 Direct labor cost ( \$10.75 × 0.2 hrs. ) 2.15 Variable overhead ( \$7.00 × 3 machine hrs.) 21.00 Fixed overhead ( \$11.00 × 3 machine hrs.) 33.00 Total standard unit cost \$107.15 CHAPTER 23 Solutions

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Ch23 SE5 Chapter 23, SE 5. Variable Units Produced Cost 10,000 12,000 14,000 per Unit Direct materials \$ 100,000 \$ 120,000 \$140,000 \$ 10.00 Direct labor 30,000 36,000 42,000 3.00 Variable overhead 50,000 60,000 70,000 5.00 Total variable costs \$180,000 \$216,000 \$252,000 \$18.00 Total budgeted fixed overhead 80,800 80,800 80,800 Total costs \$260,800 \$296,800 \$332,800 Cost Category
Ch23 SE6 Chapter 23, SE 6. = = ( \$10.20 \$10.00 ) × 55,000 pounds = \$0.20 × 55,000 pounds = \$11,000 (F) = = \$10.20 × [ ( 11,000 × 5 pounds ) 55,000 pounds ] = \$10.20 × ( 55,000 pounds 55,000 pounds ) = \$0 Diagram Form: \$550,000 \$561,000 \$561,000 \$11,000 (F) \$0 \$10.00 × 55,000 = \$550,000 \$10.20 × 55,000 = \$561,000 \$10.20 11,000 × 5 ) = \$561,000 Direct Materials Price Variance (Standard Price Actual Price) × Actual Quantity Direct Materials Quantity Variance Standard Price × (Standard Quantity Actual Quantity) Actual Price × Actual Quantity Standard Price × Actual Quantity Standard Price × Standard Quantity Direct Materials a Price Variance b Quantity Variance c a b c × (

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Chapter 23 Problems to Ponder Answers - CHAPTER 23Solutions...

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