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3776 & -4720 AND 4720 & -4720 ARE INCORRECT. Windsor Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each,
3776 & -4720 AND 4720 & -4720 ARE INCORRECT.
Windsor Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials 11 square yards per unit @ $4/ square yard Direct labor 1.3DL hours per unit @ \$18/DL hour Throughout the year, Windsor used 33,630 square yards of fabric in the process of making 2,950 tents. The company had originally planned to produce and sell 2,700 tents. In keeping with its desire to hold some DM Inventory at year-end, it purchased 35,680 square yards of canvas at $4.15 per square yard. Windsor's DL cost totaled $71,744 for the 3,776 hours that were actually used. (a) Your answer is partially correct. Determine Windsor's DM and DL price and efficiency variances; specify the amount and sign for allStep by Step Solution
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