atta Question 5 Lachman Ltd manufactures fibreglass snowboards. The standard costs include 4.5 kg of direct materials, at the budgeted price of $4.5 per kilogram, and 1.5 hours of direct manufacturing labour, at the budgeted rate of $10 per hour. The following are additional data for the month of June: Units completed Direct materials purchased and used Cost of direct materials purchased and used Actual direct-manufacturing labour-hours Actual direct-labour cost There were no beginning inventories. Required 50, 000 units 230, 000 kilograms $1,058, 000 73, 000 hours $803, 000 a) Calculate direct materials variances (price and efficiency for June. [5 marks] b) Calculate the direct manufacturing labour variances (rate and efficiency) for June. (5 marks] c) Provide a possible explanation for the above results. [5 marks] PDF acer