Sunto Scientific manufactures GPS devices for a chain of retail stores. (Click the icon to view information about the Magellan XS.) The budgeted and actual amounts for Magellan XS for July 2017 were as folows: (Click the icon to view the budgeted and actual amounts.)(Cick the icon to view additional informalion.) Read the requiraments. Requirement 1.
Compute the price and efficiency variances for the three categories of direct materials and for direct manufacturing labor in July 2017
Begin by calculating the the proe and eff cency variances or the ach category o direct ma onal (Do not ound inter mediar calculations Round lhe amount you enter to the input cell 10 the nearest whole dollar. Label each vanance as avorable F or unfavorable For variances with a $0 balance, make sure to enter "Or in the appropriate field lf the vanance is zero, do not select a label. Abbrevaton used: Qty = quantity) Price Flexible Actual Input Qty x Budgeted Price Efficiency Data Table Costs Incurred Variance uly 2017 Navigation systems Polarized glass Plastic casing Bud Amounts 4,000 $ 81,600 4,080 S 40,000 800 S 12,000 4,000 S 36,000 2,000 Actual Amounts Magellan XS units produced Navigation systems cos Navigation systems Polarized glass cost Sheets of polarized glass used Plastic casing Ounces of speciality plastic used Direct manufacturing labor costs Direct manufacturing labor-houns 4,400 $ 89,00 Galculate the the price and efficiency variances for the direct laor, (Do not round intermediary caloulations. Round the amount you enter into the input cell to the n make sure to enter 0" in the appropriate field. If the variance is zero, do nat sclect a label) 4,450 $ 40,300 816 S 12,500 4,250 S 37,200 2,040 Actual Price Actual Input Qty x Efficiency Flexible Costs Incurred Variance Price July 2017 Direct labor
Requirement 2.
Describe the types of actions the employees at the Savannah plant may have taken to reduce the accuracy of the standards set by the outside c First select the types of actions that may have been taken by the employees. Print Done Choose from any list or enter any number in the input fields and then continue to the next question