Question

Please Answer 10-13 in Order.

Better By the Numbers began operations on January 1, 2018. The company produces eight ounce bottles of hand and body lotion called Radiant One. The lotion is sold wholesale in 12- bottle cases for $100 per case. There is a selling commission of $20 per case. January 2018 direct materials, direct labor and factory overhead costs are as follows: DIRECT MATERIALS Cost Units per Cost per Behavior Case unit variable 100 oz. $ 0.02 variable 30 oz. $ 0.30 variable 12 bottles $ 0.50 Nutrient base Essential oils Bottle (8-oz.) Direct Materials Cost per Case $ 2.00 9.00 6.00 $ 17.00 Department Cost Behavior variable variable DIRECT LABOR Time per Labor Rate Case per Hour 20 min. $ 18.00 5 min. $ 14.40 25 min. Mixing Filling Direct Labor Cost per Case $ 6.00 1.20 $ 7.20 FACTORY OVERHEAD Cost Behavior Total Cost Utilities mixed $ 600 Facility lease fixed 14,000 fixed Equipment depreciation 4,300 fixed Supplies 660 $ 19,560

It is in the 2nd Picture in the Bottom

Pictures are Clear. Ignore my soultion for the problem.

Answer 1

Answer-10:

Column No. Nutrient Base Essetial Oils Bottle(8-oz) Total Standard Qty * Std. Price Actual Qty Actual Price Actual Qty * Std. Price 1 (1) - (2) (3) 1500 x $2.00 = $ 3,000 (1500 x 102) $0.016 = $ 2,448 (1500 x 102) < $0.02 = $ 3,060 1500 x $9.00 = $ 13,500 (1500 x 31) $0.32 = $ 14,880 (1500 x 31) < $0.30 = $ 13,950 1500 x $6.00 = $ 9,000 (1500 x 12.5) < $0.42 = $ 7,875 (1500 x 12.5) < $0.50 = $ 9,375 $ 25,500 $ 25,203 $ 26,385 Material Price Variance = (3) - (2) Nutrient Base $ 612F Essetial Oils $ (930) U Bottle(8-oz) $ 1,500 F Material Qty variance = (1)-(3) Nutrient Base $ (60) U Essetial Oils $ (450)U Bottle(8-oz) $ (375) U

Answer-11:

(1) (2) Column No. Mixing Filling Total Standard hour x Std. Rate Actual hour Actual Rate Actual hour Std. Rate (3) 1500 $6.00 = $ 9,600 (1500 x 0.325) $18.20 = $ 8,873 (1500 x 0.325) $18.00 = $ 8,775 1500 $1.20 = $ 1,920 (1500 0.093) < $14.00 = $ 1,960 (1500 x 0.093) $14.40 = $ 2,016 $ 11,520 $ 10,832 $ 10,791 Labour Rate Variance = (3) - (2) Mixing $ (98) U Filling $ 56 F Labour Time variance = (1) - (3) Mixing $ 825 F Filling $ (96) U