can anyone help for any part of the question ... i tried bymyself part ii...
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can anyone help for any part of the question ... i tried bymyself part ii and iii only. any help in any part please
10 metre 20.00 Denim fabric meters 20 hour 40.00 hour Direct labour hours Variable factory overhead Fixed factory overhead 10 20 hour 4.00 8.00 72.00 Total standard cost The fixed overhead rate is based on an estimated 600 units per month. Direct labour is nearly a fixed cost in this business. Selling and administrative costs are $4500 per month plus $2 per pair of jeans sold. The following information is for production during April Units 565 Jeans Number of pairs of jeans made Purchase of 1200 metres of denim metres metres Number of metres used Direct labour costs (1200 hours) Variable factory overhead costs 13,200 1,150 24,500 2.750 4,020 3,770 Fixed factory overhead costs Selling and administrative costs Divine Denim's policy is to record materials price variances at the time materials are purchased. Use a spreadsheet to perform calculations. Required: As an accountant working for Good Numbers use a spreadsheet to: allocat I prepare a flexible cost budget for the month of April. (3 marks) II. calculate all common direct cost variances. (3 marks) iii. calculate all common factory overhead variances. (3 marks) iv. calculate a total variance for the selling and administrative costs. (3 marks) V. prepare a production cost variance report for April. (5 marks) vi. prepare a report that sums all the variances necessary to prepare the reconciling journal entry at the end of the period. Explain how you would close the total variance; that is, identify the account or accounts that would be affected, and whether expenses in the accounts will be increased or decreased to adjust the records for the total variance. (3 marks) vil, use information in the April production cost variance report (part v. above) to identify and describe questions Helen, the owner of Devine Denim, might have about April's production costs. (5 marks) Presentation: Cut and paste your spreadsheet results and formula view into your word document. The formula view should include the column letters and the row numbers

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