c. Calculate Aussie Luck's direct labor rate variance and direct labour effiency variance fro the month of march.

d. Identify the possible causes of each variances.

Aucie Luck company produces anderafted her lucky dams. This product is very popular in Australia as it can be attached to a nec dece or bacelet Silver and two colourful crysk are equired to make eachcharm. Standard acest information to produce one charmis as follows: Standard quantity Standard price Standard cost for one charm Silver 0.25oz S20 per oz Crystal S0.25 per crysul SO 50 Direct label SH SiS per hour So we can Actual costs incurred in the prochaction of 1.200 units during the month of Mich were as follows: Actualme Actual cot Silver 4.2002 89.240 Crystal 3.650 crystal S803 Direct labour law S42.480 Nagrered: Cakulate the total standard direct material cost od direct labour costs for Abarch given the production level of 1500 wait. marks] 0 b. Cakulate Auze Lock's direct material price variance and direct material quantity raris ce for hver mod crystal for the mouth of Arch