As applicable in your calculations, use the following method…
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As аpplicаble in yоur cаlculatiоns, use the fоllowing methods for rounding purposes: do not round any required intermediate calculated values round final answers to the nearest whole dollar Mesquite Magazines uses a standard absorption costing system to track costs related to its manufacturing of quarterly subscription magazines known for highlighting the beauty of the Sonoran desert through photography. Variable and fixed factory overhead is applied to work in process inventory on the basis of direct labor hours. At standard, annual production of magazines requires 26,000 hours of direct labor at $14 per hour. Total overhead costs of $210,000 were budgeted for the year at a denominator level of 30,000 direct-labor hours, of which $86,400 represents total variable overhead budgeted costs. So far, the production manager has gathered the following factory results for the year, including the subtotals: $380,000 direct labor costs at the actual quantity for actual output and actual price; $381,500 direct labor costs at the actual quantity for actual output and standard price; and $76,220 variable overhead costs at the actual quantity for actual output and actual price. Calculate the missing values labeled [1] through [5] in Mesquite's partial performance report diagram above, and listed as follows:[1] direct labor efficiency variance (both the dollar amount and the favorability)[2] total cost of direct labor at the standard quantity for actual output and standard price[3] variable overhead rate variance (both the dollar amount and the favorability)[4] total cost of variable overhead at the actual quantity for actual output and standard price[5] total variable overhead applied at the standard quantity for actual output and standard price Important: please do not use commas, spaces, $ signs, or any other punctuation in your answers. Express all numeric answers as positive values, regardless of calculations. Input your answers in the blank answer fields below. For item [1] and [3], enter the dollar amount of the variance in the first blank as a positive value rounded to the nearest whole dollar, and indicate whether the variance is favorable or unfavorable in the second blank by entering the letter F or U, respectively. Part V. Question 1: Calculate item [1] direct labor efficiency variance (both the dollar amount and the favorability) _______ _______ Part V. Question 2: Calculate item [2] total cost of direct labor at the standard quantity for actual output and standard price _______ Part V. Question 3: Calculate item [3] variable overhead rate variance (both the dollar amount and the favorability) _______ _______ Part V. Question 4: Calculate item [4] total cost of variable overhead at the actual quantity for actual output and standard price _______ Part V. Question 5: Calculate item [5] total variable overhead applied at the standard quantity for actual output and standard price _______
The expressiоns “аs-fed,” “dry mаtter,” аnd “metabоlizable energy” refer tо measurements of a nutrient in a diet and are interchangeable with each other.