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Camila Company has set the following standard cost per unit for direct materlals and direct labor. During June the company incurred the following actual costs
Camila Company has set the following standard cost per unit for direct materlals and direct labor.
During June the company incurred the following actual costs to produce units.
Actual Rate
Standard Rate
Actual Quantity
Standard Quantity
AP Actual Price
Standard Price
Actual Hours
Compute the direct materlals price and quantity varlances.
Compute the direct labor rate varlance and the direct labor efficlency varlance.
Complete this question by entering your answers in the tabs below.
Compute the direct materials price and quantity variances.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.
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