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R Hopkins is a cost accountant and business analyst for Dashing Design Company (DOC), which manufactures expensive brass doorknoba DOC es two direct cost categories: direct materials and direct manufacturing labor that manufacturing overhead is most closely related to ma n age. Therefore, w e manufacturing overhead to production based upon pounds of materials used Click the boon to view the standards) then to view the i ) 0 Data Table Read the remonts indicating whether ache ter until (U) Requirement 1. For the month of Art compute the Before coming the ones the Al the beginning of 2017, DOC bu und gehen and y production of 410 000 d b breath door Cost Door 03. 11. hos 1hour 22.00 Actual Costs incurred Direct materials (brass) De manufacturing bor Manufacturing overhead Variable Purchase 3703 Direct $1003 Standard cost perdone for Art 2017 33.000 doorknobs But Production Director purchased D Direct manding to 7.00 20.00 hours for $10.00 16400 moved 1h. 7,8) 6 of 6 (3 complete) st for Dashing Design Company (DDC), which manufactures expensive brass doorknobs. DDC uses two direct-cost categorie material usage. Therefore, DOC allocates manufacturing overhead to production based upon pounds of materials used. (Click the icon to view the actual results for April.) 1 Data Table ted Price Budget Requirements - X budgeted Indards for 03 ce is 12 ho breviation used: Manut il Input Qty. * geted Price 1. For the month of April, compute the following variances, indicating whether each is favorable (F) or unfavorable (U). a. Direct materials price variance (based on purchases) b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Variable manufacturing overhead spending variance f. Variable manufacturing overhead officiency variance g. Production-volume variance h. Foxed manufacturing overhead spending variance 2. Can Hopkins use any of the variances to help explain any of the other variances? Give examples Flexib Budg $14 ng variance is ncy variance is Print Done 2017 were as Budgeted Lump am Regardless Output Level Flexible Budget Illocated Overhead Direct materials purchased Direct materials used Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead the input fields and then continue to the next

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