3-5 pages Accounting Assignment in 24 hours

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Week 4 Assignment Variance Data Standard Cost Sheet Quantity Price Total

Plastic tubing (meters) 7 $ 3.50 $24.50

Fabric (square meters) 6 $ 5.00 $30.00

Padding (kilograms) 4 $ 3.50 $14.00

Direct labor (hours) 3 $ 15.00 $45.00

Total standard cost $113.50

Actual Costs Incurred for 500 Chairs Produced

Actual Quantity Total Cost

Plastic tubing (meters) 3,600 $12,780

Fabric (square meters) 3,050 $15,555

Padding (kilograms) 2,050 $7,380

Direct labor (hours) 1,300 $19,500

Total cost for 500 Chairs $55,215