Sleep-Tight manufactures mattresses for the hotel industry. It has two products, Firm, and a total overhead of $504,000. The company plans to manufacture 200 Downy mattresses and 300 Firm mattresses this year. In manufacturing the mattresses, the company must perform: Material Moves Processes Purchase order Direct Labor Hr Downy 700 114 2800 Firm 300 90 3500 Sleep-Tight's total material handling costs are $300,000, and its total purchasing costs are $204,000. O a. $252,000 O b. $336,000 O c. $224,000 O d. $280,000 Under a traditional costing approach based on direct labour hours, how much overhead would be assigned to the Downy product?

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for …

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on t…