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Flandro Company uses a standard cost system and sets its predetermined overhead rate on the
basis of direct labor-hours. The following data are taken from the company's planning budget for
the current year: The standard cost card for the company's only product is given below: During
the yeat, the company produced 5,720 units of product and incurred the following actual results:
Required: 1. Create a new standard cost card that separates the variable manufacturing overhead
per unit and the fixed manufacturing overhead per unit. 2 Compute the materials price and
quantity variances. Also, compute the labot rate and efficiency variances. 3. Compute the
variable overhead rate and efficiency variances. Also, compute the fixed overhead budget and
volume varlances.
Complete this question by entering your answers in the tabs below. Create a new standard cost
card that separates the variable manufacturing overhead per unit and the fixed manufacturing
overhead per unit. (Round your answers to 2 decimal places.)
Somplete this question by entering your answers in the tabs below. Compute the materials price
and quantity variances. Also, compute the labor rate and efficiency variances. (Indicate the
effect, of each varlance by selecting " F " for favorable, "U" for unfavorable, and "None" for no
effect (I.e., zero variance.). Input all amounts as positive values.)
Complete this question by entering your answers in the tabs below. Compute the variable
overhead rate and efficiency variances. Also, compute the fixed overhead budget and volume
variances (Indicate the effect of each variance by selecting "F" for favorable, "U" for
unfavorable, and "None" for no effect (1.e., zero variance.). Input all amounts as positive values.)

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Flandro Company uses a standard cost system and sets its predetermine.pdf

  • 1. Flandro Company uses a standard cost system and sets its predetermined overhead rate on the basis of direct labor-hours. The following data are taken from the company's planning budget for the current year: The standard cost card for the company's only product is given below: During the yeat, the company produced 5,720 units of product and incurred the following actual results: Required: 1. Create a new standard cost card that separates the variable manufacturing overhead per unit and the fixed manufacturing overhead per unit. 2 Compute the materials price and quantity variances. Also, compute the labot rate and efficiency variances. 3. Compute the variable overhead rate and efficiency variances. Also, compute the fixed overhead budget and volume varlances. Complete this question by entering your answers in the tabs below. Create a new standard cost card that separates the variable manufacturing overhead per unit and the fixed manufacturing overhead per unit. (Round your answers to 2 decimal places.) Somplete this question by entering your answers in the tabs below. Compute the materials price and quantity variances. Also, compute the labor rate and efficiency variances. (Indicate the effect, of each varlance by selecting " F " for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance.). Input all amounts as positive values.) Complete this question by entering your answers in the tabs below. Compute the variable overhead rate and efficiency variances. Also, compute the fixed overhead budget and volume variances (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance.). Input all amounts as positive values.)