Exercise 17-14 (part level submission) venus creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. the following information relates to its budgeted operations for the current year. commercial residential revenues $301,700 $475,000 direct materials costs $30,500 $50,000 direct labor costs 103,300 310,500 overhead costs 92,100 225,900 150,000 510,500 operating income (loss) $75,800 $(35,500) the controller, peggy kingman, is concerned about the residential product line. she cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. in addition, the residential client base resides in close proximity to the company office, so travel costs are not as expensive on a per client visit for residential customers. as a result, she has decided to take a closer look at the overhead costs assigned to the two product lines to determine whether a more accurate product costing model can be developed. here are the three activity cost pools and related information she developed: activity cost pools estimated overhead cost drivers scheduling and travel $95,500 hours of travel setup time 90,100 number of setups supervision 56,500 direct labor cost expected use of cost drivers per product commercial residential scheduling and travel 820 500 setup time 370 200 collapse question part (a1) incorrect answer. your answer is incorrect. compute the activity-based overhead rates for each of the three cost pools. (round answers to 2 decimal places, e. g. 12.25.) overhead rates scheduling and travel $entry field with incorrect answer setup time $entry field with incorrect answer supervision entry field with incorrect answer % click if you would like to show work for this question: open show work show solution show answer link to text attempts: 1 of 1 used collapse question part (a2) determine the overhead cost assigned to each product line. (round answers to 0 decimal places, e. g. 1,575.) commercial residential scheduling and travel $ $ setup time $ $ supervision $ $ total cost assigned $ $ click if you would like to show work for this question: open show work

“wonderful! not only did our salespeople do a good job in meeting the sales budget this year, but our production people did a good job in controlling costs as well,” said kim clark, president of martell company. “our $11,150 overall manufacturing cost variance is only 3% of the $1,536,000 standard cost of products made during the year. that’s well within the 3% parameter set by management for acceptable variances. it looks like everyone will be in line for a bonus this year.” the company produces and sells a single product. the standard cost card for the product follows: standard cost card—per unit direct materials, 4.00 feet at $4.00 per foot $ 16.00 direct labor, 1.1 direct labor-hours at $13 per direct labor-hour 14.30 variable overhead, 1.1 direct labor-hours at $2.40 per direct labor-hour 2.64 fixed overhead, 1.1 direct labor-hours at $6.50 per direct labor-hour 7.15 standard cost per unit $ 40.09the following additional information is available for the year just completed: a. the company manufactured 20,000 units of product during the year.b. a total of 77,000 feet of material was purchased during the year at a cost of $4.25 per foot. all of this material was used to manufacture the 20,000 units. there were no beginning or ending inventories for the year.c. the company worked 24,000 direct labor-hours during the year at a direct labor cost of $12.50 per hour.d. overhead is applied to products on the basis of standard direct labor-hours. data relating to manufacturing overhead costs follow: denominator activity level (direct labor-hours) 19,000 budgeted fixed overhead costs $ 123,500 actual variable overhead costs incurred $ 64,800 actual fixed overhead costs incurred $ 120,900required: 1. compute the materials price and quantity variances for the year. (round standard price and actual price to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero 2. compute the labor rate and efficiency variances for the year. (round standard rate and actual rate to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero 3. for manufacturing overhead compute: a. the variable overhead rate and efficiency variances for the year. (round standard rate and actual rate to 2 decimal places. indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero b. the fixed overhead budget and volume variances for the year. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i.e., zero

What cylinder head operation is the technician performing in this figure?

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.