Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: Required: 1. Colculde the total cost of purchases for October. 2. Compute the direct materlals price variance based on the actual quantly purchased. 3. Colculato the direct materials quantity variance based on the actual quantify used. 4. Compute the standard direct labor rate for Octobet. 5. Compute the direct labor efficiency variance for October. Complete this question by entering your answers in the tabs below. Calculate the total cost of purchases for October. Grees tawi face var parte 24, ver Required: 1. Calculate the total cost of purchases for October. 2. Compute the direct materials price variance based on the actual quantity purchased. 3. Colculate the direct materlats quantity variance based on the actual quantity used. 4. Compute the standard direct labor rate for October. 5. Compute the direct labor efficiency variance for October. Complete this question by entering your answers in the tabs below. 2. Compute the direct materials price variance based on the actual quantity purchased. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorabie, and "None" for no effect (1.e. zero variance). 3. Calculate the direct materiais quantity variance based on the actual quantity used. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: Required: 1. Caiculate the total cost of purchases for October. 2. Compute the cirect materials frice vartance based on the actual quantify purchased. 3. Calculate the direct materials quantity variance based on the actual quantity used. 4. Compute the standard direct labor rate for October. 5. Compute the direct tabor efficiency variance for October. Complete this question by entering your answers in the tobs below. Compute the standord direct labor rate for october Note i Hound your answer to 2 decimal places. Required: 1. Calculate the total cost of purchases for October. 2. Compute the direct materials price variance based on the actial quantity purchased: 3. Calculate the direct materials quantity variance based on the actual quantity used. 4. Compute the standard diroct labot rate for October. 5. Compute the direct inbor efficiency variance for October. Complete this question by entering your answers in the tabs below. Compute the direct labor efficiency variance for October Note: Round your intermediate calculation to 2 decimal pla cess Indicate the effect of each variance by selecting 7 " for
