50 2 Domm The following information relates to production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced Standard quantity and price per unit for direct materials Standard quantity and rate per unit for direct labor AR Actual Rate SR Standard Rate 17,700 pound 18,335 ho 33,400 0.50 pound 0.50 hour at $17 per AQ Actual Quantity SQ Standard Quantity References AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances (2) Compute the direct labor rate and efficiency variances Check my work 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 50 Compute the direct materials price and quantity variances. Undicate the effect och vadano by selecting averable, unfavorable, or no variance) Actual Cost S 5: 0 Standard Cost Required 2 > Check my work 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 50 paints eBook Compute the direct labor rate and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or we variance) Actual Cost Standard Cost Pent References 0 0 S Help Save The following information relates to production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced Standard quantity and price per unit for direct materials Standard quantity and rate per unit for direct labor AR Actual Rate SR Standard Rate AQ Actual Quantity SQ Standard Quantity AP Actual Price: SP Standard Price (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate and efficiency variances. Complete this question by entering your answers in the tabs below. Required 11 Required 2 17,700 pounds at $4.90 per pound 18,335 hours at $36 per hour 33,400 0.50 pound at $4.85 per pound 0.50 hour at $37 per hour Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or ne variance.) Check my work 50 2 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorate, favorable, or variance) Betences Actus Cost S 0 0 Standard Cost Required 2 > Help Save & Ext Subm Check my work 2 50 pots etoo Pr Heferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost $ 0 $ 0 0