Question
Bottoms up company manufactures recyclable bottles. Consider the following selected dataStandard per bottle 450 ounces of input at $0.0015/oz 0.075 Labor hours at $21/labor hour
Bottoms up company manufactures recyclable bottles. Consider the following selected dataStandard 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 hoursTotal direct materials cost $100,100 Total direct labor costs $27,650I also need a possible reason for the favorable or unfavorable variable overhead spending Variance, I need to provide a possible reason for the favorable or unfavorable variable overhead efficiency VarianceI 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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