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comprehensive example (Homework) EX: From the data below, extract the variances of the elements costs ,when you know that the FOH allocation based on DLH ? Details | Standard data per unit | Actual Data --- | --- | --- DM (A) | 3kg , price 100$/kg | 1500kg , price 90$/kg DM (B) | 7kg , price 20$/kg | 2600 kg , price 25$/kg DL cost | 2 H / unit , 500$/h | $ 495000 DLH | ? | 900 hours Variable FOH cost | ? | 200000$ Fixed FOH cost | 100000$ | 120000$ Units | 500 | 400

Name: comprehensive example homework ex from the data below extract the variances of the elements costs when you know that the foh allocation based on dlh details standard data per unit actual dat 54173
Uploaded: 2023-08-08T03:06:01-08:00
Duration: 3 min 53 s
Channel: Akash M
Description: comprehensive example homework ex from the data below extract the variances of the elements costs when you know that the foh allocation based on dlh details standard data per unit actual dat 54173

          comprehensive example (Homework)

EX: From the data below, extract the variances of the elements costs ,when you know that the FOH allocation based on DLH ?

Details | Standard data per unit | Actual Data
--- | --- | ---
DM (A) | 3kg , price 100$/kg | 1500kg , price 90$/kg
DM (B) | 7kg , price 20$/kg | 2600 kg , price 25$/kg
DL cost | 2 H / unit , 500$/h | $ 495000
DLH | ? | 900 hours
Variable FOH cost | ? | 200000$
Fixed FOH cost | 100000$ | 120000$
Units | 500 | 400

comprehensive example homework ex from the data below extract the variances of the elements costs when you know that the foh allocation based on dlh details standard data per unit actual dat 54173

Added by Irene M.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Akash M

08/08/2023

Step 1

Calculate Standard Costs for Actual Production:** * **Actual Units Produced:** 400 units * **Standard Direct Material (DM) A:** * Standard Quantity (SQ) per unit = 3 kg * Standard Price (SP) per kg = $100 * Total Standard Quantity for Show more…

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comprehensive example (Homework) EX: From the data below, extract the variances of the elements costs ,when you know that the FOH allocation based on DLH ? Details | Standard data per unit | Actual Data --- | --- | --- DM (A) | 3kg , price 100$/kg | 1500kg , price 90$/kg DM (B) | 7kg , price 20$/kg | 2600 kg , price 25$/kg DL cost | 2 H / unit , 500$/h | $ 495000 DLH | ? | 900 hours Variable FOH cost | ? | 200000$ Fixed FOH cost | 100000$ | 120000$ Units | 500 | 400