CSecure https/ Homework 17 O You received partial credit in the previous attem 4

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CSecure https/ Homework 17 O You received partial credit in the previous attem 4 Required information Cose 11-55 Comprehensive Variance Analysis Used to Explain Operational Results; Review of Chepte 10 and 1t, Activity-Based Costing: Sales Variances (Appendix B) (LO 11-4, 11-5, 11-7, 11-9) The following information applies to the questions displayed below Part 1 of 3 Colonial Cookies, Inc,bakes cookies for retail stores. The company's best-selling cookle s chocolate nut supreme which is marketed as a gourmet cookie and regularly sells for 51000 per pound. The standerd cost per pound of chocolate nut supreme, based on Colonial's normal monthly production of 440,000 pounds, is as follows points Quantity Standard Unit Direct materials Cookie mix Milk chocolate Almonds 10 s 08 per oz s 80 21 per oz 56 per oz 105 56 2.41 Direct labor 1440 per hr 2 min18.00 per he s 24 60 Baking s 84 Variable overheedt 3 min3240per direct-labor Pres

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Flexible Budget Actual Variance Units (in pounds) 465000 465000 0 None Revenue 4650000 4603500 46500 Unfavorable Direct material 1120650 1367000 246350 Unfavorable Direct labor 390600 359760 30840 Favorable Variable overhead 753300 971206 217906 Unfavorable Total variable costs 2264550 2697966 433416 Unfavorable Contribution margin 2385450 1905534 479916 Unfavorable

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