accounting for excellent 495041

Silmon Corporation makes a product with the following standard costs:??   Inputs?Standard Quantity?or Hours?Standard Price?or Rate??  Direct materials?6.0  ?grams?$?9.00  ?per gram??  Direct labor?0.5  ?hours?$?16.00  ?per hour??  Variable overhead?0.5  ?hours?$?3.00  ?per hour????  In June the company produced 5,300 units using 32,530 grams of the direct material and 2,690 direct labor-hours. During the month the company purchased 25,200 grams of the direct material at a price of $8.80 per gram. The actual direct labor rate was $16.60 per hour and the actual variable overhead rate was $2.90 per hour. The materials price variance is computed when materials are purchased. Variable overhead is applied on the basis of direct labor-hours.?? Required:??Compute the following variances for raw materials, direct labor, and variable overhead, assuming that the price variance for materials is recognized at point of purchase: (Input all amounts as positive values. Do not round intermediate calculations. Leave no cells blank – be certain to enter “0” wherever required. Indicate the effect of each variance by selecting “F” for favorable, “U” for unfavorable, and “None” for no effect (i.e., zero variance). Omit the “$” sign in your response.)??  ? ? ? (Choices: F, U, None)?? a.? Direct materials quantity variance?$  ??? b.? Direct materials price variance?$  ??? c.? Direct labor efficiency variance?$  ??? e.? Direct labor rate variance?$  ??? d.? Variable overhead efficiency variance?$  ??? f.? Variable overhead rate variance?$  ??? 2) Gilde Industries is a division of a major corporation. Last year the division had total sales of $23,826,400, net operating income of $2,835,342, and average operating assets of $9,164,000. The company’s minimum required rate of return is 19%.?? Required:??a.?What is the division’s margin? (Round your answer to 2 decimal places. Omit the “%” sign in your response.)??   Margin?%  ?? b.?What is the division’s turnover? (Round your answer to…