Question
BM Inc. has established standards as follows.The company produced 6.000 units in May using 36.970 kilos of direct material and Galben - tours. During the
BM Inc. has established standards as follows.The company produced 6.000 units in May using 36.970 kilos of direct material and Galben - tours. During the month, the company purchased 40 400 kides of Great tra $ 4.70 perkila. The actual direct labor rate was $ 18.70 per hour and the ential warteonthede was $ 2.70 per hour. The company applies variable overhead on the basis of direct labor - tours. The diret materials chases variance is computed when the materials are purchased, Required Calculate 2 Material Price Variance Material Quantity Variance Labor Rate Variance Labor Efficiency VarianceInputs Direct Materials Direct labor Variable Overhead The company produced 6000 units in Maywing 37 Wiese direct labor - hours. During the month the company w material at per kilo. The actual directo *** variable overhead rate was $ 270 per hour The company applies variable overhead on the basic purchases variance is computed when the materiais wa Required Calculate a. Material Price Variance b. Material Quantity Variance C. Labor Rate Variance d. Labor Efficiency Variance e Variable Overhead Rate Variance f. Variable Overhead Efficiency Variance
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