Bemer Company produces a dark chocolate candy bar. Recently, the company ad apted the following standards for one bar af the candy:

Direct materials $(8\mathrm{.}30$ oz$.$ Af $$0\mathrm{.}09)$ $$0\mathrm{.}75$

Direct labor & $$18\mathrm{.}00$

Standard prime cost

$$2\mathrm{.}01$

During the first week nf operation, the company experienced the following actual resu ts:

a$.$ Ears produced: $142,000.$

b$.$ Ounces af direct materials purchased: $1,17$B$,900$ ounces at $50,0B$ per ounce.

c$.$ There are no beginning or ending inventeries of direct materiats.

d$.$ Dirert Labor: $9,800$ hours at $$17\mathrm{.}20.$

Required:

Instructions for parts $1$ and $2,$ If a variance is zero, enter $"0"$ and select "Not applicable" from the drop down bax.

Compute prite and usape variances for direct malerials.

Materials Price Variance

Materials Usage Variance $$

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$$

$2.$ Compute the rate varlance and the effidency varianca for direct labor.

Labor Rate Variance $$

Labor Efficiency Variance $$

$3.$ Prepare the journal entries associated with direct materials and dinect labor. If an amount box does not require an entry, leave it blank.

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$$

Record purchase of materials

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$2$

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$14$

Record purchase of naterials $$

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Record usage of materials

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$$ es

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$8.q,$