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 wouldnt 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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