A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Standard 5 lbs. @ $9 per lb. 2 hrs. @ $16 per hr. 2 hrs. @ $12 per hr. Required 1 Required 2 Complete this question by entering your answers in the tabs below. Compute the standard cost per unit. Direct materials Direct labor Overhead Total Actual 41,500 lbs. @ $9.10 per lb. 16,100 hrs. @ $16.50 per hr. $202,900 8,200

Weighted Average Method, Single-Department AnalysisRefer to the information for Millie Company above.Required:Prepare a production report for the assembly department for June using the weighted averagemethod of costing. The report should disclose the physical flow of units, equivalent units, andunit costs and should track the disposition of manufacturing costs.

Prepare a cost of production report using the ABC approach

Dhapa

Savita

I need to finish with these three questions and need help please. Journalize the entries for costs transferred from Milling to Sifting and the costs transferred from Sifting to Packaging.      2. Determine the increase or decrease in the cost per equivalent unit from June to July for direct materials and conversion costs.   3.Discuss the uses of the cost of production report and the results of part (c).

Activity for Standard Costing   Instructions: Read the problem carefully and compute for what is required. Show your complete solution   Problem # 1      Max Manufacturing   The following March information is available for Max Manufacturing Company when it produced 2,100 units:   Standard:   Material 2 pounds per unit @ $5.80 per pound Labor 3 direct labor hours per unit @ $10.00 per hour     Actual:   Material 4,250 pounds purchased and used @ $5.65 per pound Labor 6,300 direct labor hours at $9.75 per hour   Compute for the following for Max Company: Material Price Variance Material Quantity Variance Labor Rate Variance Labor Efficiency Variance

shobha

Accounting Use the FIFO method of process costing. Prepare schedules to accomplish each of the following process-costing steps for the month of April. l. Analysis of physical flow of units. 2. Calculation of equivalent units. 3. Computation of unit costs. 4. Analysis of total costs Moravia Company processes and packages cream cheese. The following data have been compiled for the month of April. Conversion activity occurs uniformly throughout the production process. Work in process, April 1—10,000 units: Direct material: 100% complete, cost of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22,000 Conversion: 20% complete, cost of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500 Balance in work in process, April 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 26,500 Units started during April . . . . . . . . . . . . . . . . . . . . . . . . .…

Shirley Processing. Incorporated (SPI) makes adhesive tape. The following information on the physical flow of units and costs for month of March: Quantities Beginning work-in-process Started To account for Transferred out Ending work in process Accounted for Cost Beginning work-in-process Current period Total Physical 108,000 957,588 1,065,500 976,588 89,000 1,065,508 Total $ 188,570 1,891,498 $ 2,088,068 Equivalent units Percentage Complete Conversion 48% Materials 100% 100% 100% Required A Direct Materials $ 168,180 1,244,750 $ 1,412,938 Required: a. Compute the equivalent units for the conversion cost calculation for March assuming Shirley Processing, Incorporated uses the weighted-average method. b. Compute the cost per equivalent unit for direct materials and conversion costs for March assuming Shirley Processing, Incorporated uses the weighted-average method. Complete this question by entering your answers in the tabs below. 100% 28% Conversion $ 28,390 646,748 $ 667,138 Required…