please answer a e1limmediately give a po 8 44 pm thanks cosing use the additional dl 2805048

PLEASE PLEASE PLEASE ANSWER ASAP

PLEASE answer A-E1limmediately give a po:8:44 PM Thanks Cosing Use the additional dlewing infomate (4 machine hes per unit 9 p mach %00 Adsitional inrtion will be given in he gutions Yow will comgule the 8 production name and dellar Credt Accounts Receivable $1,000 standard costing A. Actual production is 18,000 units 110,000 pounds of material were purchased for $5.80 per pound 94,000 pounds of material were used in production What is the direct material price variance? Favorable or unfavorable? What is the direct material quantity variance? Favorable or unfavworable? What are the standard costing journal entries for purchasing direct materials on account and the use of direct materials? Be sure to indicate what’s debited and credited. B. Actual production was 18,000 units. 160,000 direct labor hours were incurred and the actual labor rate paid was $17.50 per direct labor hour What is the direct labor rate variance? Favorable or unfavorable? What is the direct labor efficiency variance? Give the joumal entries for the incurrence of direct labor costs and the assignment of the direct labor C. Actual production was $18,000 units. The total actual variable overhead costs were $650,000 and the lotal fixed over ead costs wer?$700,000 all paid in cash. 74,000 machine overhead hours were used what the vanable overhead rate variance? What is the variable overhead rate variance What is the variable overhead eficiency variance? Favorable or unfavorable? Give the joumal entries for the inourrence of actual variable overhead costs and the assignment of variable overhead costs to production and the closing of the overhead account? D. Actual production was $18,000 units. The total actual variable overhead costs were $650,000 and the total foxed overhead costs were $700,000 ail paid in cash. 74,000 machine overhead hours were What is the fixed overhead spending variance? What is the fixed overhead volume variance? Give the joumal entries for thhe incurrence of the fxed overhead costs, the assignment of the fxed overhead costs to production, and the closing of the overhead account E. If 18,000 units were produced. 25,000 units were sold for $510 cash. Give the standard costing ournal entries to record completed production, record sales, and close the variance accounts. What amount of gross proft will be recorded on the income statement under standard costing? Now that the variance accounts have been computed, what should the factory manager do next? Why s the fxed overhead volume variance reerred to as non controliable? And list two advantages of standand costing