acctg 213 ch 8 hw

acctg 213 ch 8 hw - = \$2,952 F MUV = \$2,000 U Glue MPV =...

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Jeremy Liebman 950929750 Tomcal Chapter 8 Homework E- 22, 23, 24, 25, 26, 29, 35, 40, 41 22. 1. Materials = \$480,000 Labor = \$180,000 2. Actual Cost Budgeted Cost Variance Materials \$485,560 \$480,000 \$5,560 U Labor 195,000 180,000 15,000 U 23. MPV = \$2,440 F MUV = \$8,000 U Total variance = \$5,560U 24. LRV = \$7,800 U LEV = \$7,200 U Total variance = \$15,000 U 25. 1. MPV = \$52,000 U 2. MUV \$2,400 U 26. 1. LRV = \$30,000 F 2. LEV = \$50,000 U 29. Materials: AP × AQ SP × AQ SP × SQ \$42,000 \$0.90 × 53,000 \$0.90 × 50,000 \$5,700 F \$2,700 U Price Usage Labor: AR × AH SR × AH SR × SH \$102,000 \$7.00 × 14,900 \$7.00 × 15,000 \$2,300 F \$700 F Rate Efficiency 35. 1. Granite

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Unformatted text preview: = \$2,952 F MUV = \$2,000 U Glue: MPV = \$160 U MUV = 0 2. Cutting Labor: LRV = 0 LEV = \$300 U Installation Labor: LRV = 0 LEV = \$250 F 3. It wouldn’t be worthwhile to establish standards for each kind of installation. 40. 1. MPV = \$975 U MUV = \$500 F The overall materials variance is \$475 U 2. LRV = \$1,000 U LEV = \$1,000 U The overall labor variance is \$2,000 U 3. LRV = \$0 LEV = \$1,000 F The overall labor variance is \$1,000 F 41. 1. MPV = \$1,600 F MUV = \$1,600 U Overall materials variance = 0 2. LRV = \$1,490 F LEV = \$1,600 F Overall variance = \$3,090 3. The advantages are mostly seen in decision making, but also in planning....
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acctg 213 ch 8 hw - = \$2,952 F MUV = \$2,000 U Glue MPV =...

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