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Bottoms up company manufactures recyclable bottles. Consider the following selected data Standard per bottle 450 ounces of input at $0.0015/oz 0.075 Labor hours at $21/labor

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Bottoms up company manufactures recyclable bottles. Consider the following selected data Standard per bottle 450 ounces of input at $0.0015/oz 0.075 Labor hours at $21/labor hour Actual performance: Bottles produced and sold 17,000 units Direct materials purchased and used 7,150,000 oz Labor hours used 1400 labor hours Total direct materials cost $100,100 Total direct labor costs $27,650 I also need to provide a possible reason for the favorable or unfavorable total direct labor Variance I need these put into the attachment below:

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ACC 232 NAME CH 8 Case Study Workbook AP-14B on pp 220-221 Part a) and bj Direct Materials Variances and Analysis Direct Materials Variance: Actual Total Price AQ x SP Quantity Total Results/ Standard Actual Variance Variance Standard Units Allowed Results Allowed Unit Units Produced Direct Materials SO Materials Units Produced AP SP Price Unit AQ X AP DMPV AQ x SP DMOV SO x SP Total Cost DMV Total Direct Materials Variance Provide a possible reason for the favorable or unfavorable Direct Materials Price Variance. Provide a possible reason for the favorable or unfavorable Direct Materials Quantity Variance. Provide a possible reason for the favorable or unfavorable Total Direct Materials Variance. Part c) and d) Direct Labor Variances and Analysis Direct Labor Variance: Actual Total Labor AQ x SP F Direct Labor Total Results/ Standard Actual Rat or Efficiency Standard Units Allowed Results Variance Variance Allowed Units Produced Unit Direct Labor SO DL H/Unit AP DL price unit SP AQ X AP AQX SP SO x SP Total Cost DLY Total Direct Labor Variance Provide a possible reason for the favorable or unfavorable Direct Labor Rate Variance. Provide a possible reason for the favorable or unfavorable Direct Labor Efficiency Variance. Provide a possible reason for the favorable or unfavorable Total Direct Labor Variance. Part el and if) Overhead Variances and Analysis

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