Bartleowile plant had the following standard cost sheef\ Divect maienais (fokg of R40)\ Direc labour (1.4 hri 6 Ritos)\ Fixed overhead hrs 90 R.30)\ Vanable overheod hre

Reo\ Total\ R200.00\ R147.00\ R 42.00\ R 84.00\ 8473.00\ Diang the year. Bartlesville plant experienced the foltowing activity relative to the production of the chem\ Units produced. 25.000\ A total of

130000kg

of direct materials was purchased at R37 por kg\ There were

10000kg

of direct materials in beginning irventery (camed at R40 per kg) was no ending inventory of direct materiais.\ The plant used 36500 direct labour hours at a total cost of R3 923750\ Actual fixed overhead totaled R950 000\ Actual variable overhead totaled R2 100000\ Normal activity is 22500 units por annum. Standard overhead rates are calculated based on norma: measured in standard direct labour hours. Bartiesvile piant uses a standard absorptian costing syst\ Required:\ 21 Gaibulate the direct materials price and usage variarices.\ 22 Caiculate the direct labour rate and efficiency variances\ 2.33 Calculate the cventead variances\ 24 Close off all variances to the Cost of Goods Sold account\ 2.5 Based on the direct materials variances and the difect labour variance calculate above, recommend that Bartiesvilie plant continue to use this cheaper direct material? Why?

Bartletevile plant had the following standard cost sheet Diang the year. Bartlesvilie plant experienced the following activity relative to the production of the chem * Units produced. 25000 * A total of 130000kg of direct materials was purchased at R37 por kg " There were 10.000kg of direct materials in beginning inventory (carried at R40 per kg). was no ending inventory of direct materials. - The plant used 36500 direct labour hours at a total cost of R3 923750. - Actual fixed overhead totaled R950 000. - Actual variable overhead totaled R2 100000 Normal activity is 22500 units per annum. Standard overhead rates are calculated based on norma measured in standard direct labour hours. Bartiesvilie plant uses a standard absorptian costing sys: Required: 21 Caleulate the direct materials price and usage variarces 22 - Caiculate the dircot labour rate and efficiency variancest 2.3 Calculate the ovethead variances 2.4 Close off all vatiances to the Cost of Goods Sold account 2.5 Based on the direct materials variances and the direct labour variance calculate above, recommend that Barlesvilie plant continue to use this cheaper direct material? Why