McGraw Hil Correct- M Chapter 2) C O ezto.mheducation.com/hmtpx Econnect Ma ACCO

Question

McGraw Hil Correct- M Chapter 2) C O ezto.mheducation.com/hmtpx Econnect Ma ACCOUNTING hapter 21 Question 4 (of 0.50 points BatCo makes metal baseball bats. Each bat requires 1 kg of aluminum at $24 per kg and 0.35 direct labor hours at $22 per hour. Overhead is assigned at the rate of $36 per direct labor hour. Assume the actual cost to manufacture one metal bat was $50 30 Compute the cost variance and classify it as favorable or unfavorable (Round "Qty per unit" to 2 decimal places.) aty per Unit Cost per Input Standard Cost per Unit Direct materials Direct labor Overhead References eBook & Resources O Type here to search

Explanation / Answer

1.

Oty per unit cost per input standard cost actual cost cost variance Material 1 kg $24 $24 Labour .35 $22 $7.70 Overhead .35 $36 $12.60 Total $44.30 $50.30 $6 U

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