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bb-gbc.blackboard.com Remaining Time: 1 hour. 41 minutes, 44 seconds. Question Completion Status: Tricky & Tricky Inc. makes and sells a lawn fertilizer called Supergrow. The
bb-gbc.blackboard.com Remaining Time: 1 hour. 41 minutes, 44 seconds. Question Completion Status: Tricky & Tricky Inc. makes and sells a lawn fertilizer called Supergrow. The company has developed standard costs for one bag of Supergrow as follows: , , Standard 7 Standard Quantity Cost per Bag Direct Materials 20 kilograms $800 Direct Labour 01 hours 110 Variable Manufacturing Overhead 01 hours .40 The company had no beginning inventories of any kind on Januart 1. Variable manufacturing overhead is applied to production on the basis of direct labour hours. The results of the company's operations during January are as follows: Production of Supergrow: 4,000 bags Direct Materials Purchased 85,000 kilograms at a cost of $32,300 Direct Labour Used 390 hours at a cost of $4,875 Variable Manufacturing Overhead Incurred $1,475 Inventory of Direct Materials on January 31 3,000 kilograms ) a. What was the materials price variance for January? b. What was the materials quantity variance for January? c. What was the labour rate variance for January? d. What was the labour efciency variance for January? Click Save and Submit to save and submit. Click Save AllAnswers to save all answers. Save All Answers Save and Submit
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