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Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: Required: Calculate the total cost of purchases for October. Compute

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Amber Company produces iron table and chair sets. During October, Amber's costs were as follows:
Required:
Calculate the total cost of purchases for October.
Compute the direct materials price variance based on quantity purchased.
Calculate the direct materials quantity variance based on quantity used.
Compute the standard direct labor rate for October.
Compute the direct labor efficiency variance for October.
Complete this question by entering your answers in the tabs below.
Req 1
Req 2 and 3
Calculate the total cost of purchases for October.
Total Purchases
Req 1
Req 2 and 3
Compute the direct materials price variance based on quantity purchased.
Calculate the direct materials quantity variance based on quantity used. (Indicate the effect of each variance by selecting
"F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)
Complete this question by entering your answers in the tabs below.
Compute the standard direct labor rate for October. (Round your answer to 2 decimal places.)
Standard Direct Labor Rate
Complete this question by entering your answers in the tabs below.
Compute the direct labor efficiency variance for October. (Round your intermediate calculation to 2 decimal places. Indicate
the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)
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