Can you help me answer these questions? 14/15/17
standards for one shelf are 8 pounds of wood at $13.70 per pound Exercise 21-14A (Algo) Recording and closing mater iances LO P6 and record the direct materials vanancy Journal entry worksheet A Record direct materials price and quantity variances. Note: Endur debas before credits . The following information relates to production activities of Mercer Manufacturing for the year. Skipped Actual direct materials us 16, 768 pounds at $4.40 per pound Actual units produced 17,335 hours at standard quantity and rate per unit for direct mate 0: 58 hour at 527 per houpound AR = Actual Rate = Standard Rate AQ = Actual Quantity SQ = Standard Quantity SP = Standard Price pute the direct materials price and quantity variances. 2) Compute the direct labor rate and efficiency variances. Complete this question by entering your answers in the tabs below . Required 1 Required 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, un Actual Cost Required 1 Required 2 Compute the direct labor rate and efficiency variances . ( Indicate the effect of each variance by selecting favorable , unfave Actual Cost Standard Cost Required information Part 1 of 2 Use the following information for the Quick Study below. (Algo) The following information applies to the questions displayed below.] 0.76 AirPro Corporation reports the following for this period. Skipped Actual total overhead Budgeted ( flexible) variable overhead rate -no per unit Actual activity level 10 680 units QS 21-15 (Algo) Total overhead and controllable variances LO P4 14 10 10 Enter your answers in the tabs below Required A Required B Compute the total overhead variance and identify it as favorable or unfavorable . Total Overhead Variance Actual total overhead Standard overhead applied Total overhead variance Required A Required B Compute the controllable variance and identify it as favorable or unfavorable . Budgeted variable overhead Budgeted fixed overhead (unchanged ) Budgeted (flexible) overhead ontrollable variance