Aurinn Final Assessment ACC TNB_51 2022_QUESTIONS - Word e Search Mirayel Al MT Fle Home Insert Design References Malings Review View Help Share Comments X Cut h Copy Format Panter Find Replace Sect Paste Ite Quote Diste Sent Editor Layout 12 AA A A A AES 21 A:Bbcc Aated: Aalbo Aabbcct AaB Aalboce Acabcc 4BECO Arebco AwebCD 4 BOCCO: AcebCam BI-XA-2-A- Normal 1 No Spac. Heading 1 Head ng2 Subtrtle Subtle tm.. Emphass Intense L. Strong Intense U.. Shylos Forest Company has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labour- hours. Clipboard Persraph Editing Editar Inputs Direct materials Direct labour Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 8.0 grams 0.60 hours 0.60 hours Standard Price or Rate $ 6.10 per gram $ 19.80 per hour $ 4.40 per hour The company has reported the following actual results for the product for April: Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labour-hours Actual direct labour cost Actual variable overhead cost 5,600 units 48.200 grams $279,560 44,810 grams 3,150 hours $ 64,890 $ 12,915 Required (show your calculations): a. Compute the materials price variance for April. Mention one potential reason for the variance result. (3 marks) b. Compute the materials quantity variance for April. Mention one potential reason for the variance result. (3 marks) c. Compute the labour rate variance for April. Mention one potential reason for the variance result. Page of 1000 words English United Kingdom Fm 100% Search here : (? A 10 ENG 6:58 PM US f/11/2010 198