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Chapter 1 0 standard Conts and Variances ( 2 5 points ) compute please Given: Ellsworth Cooperative Creamery produces natural cheddar cheese curds. The direct

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Chapter 10 standard Conts and Variances (25 points)
compute please
Given:
Ellsworth Cooperative Creamery produces natural cheddar cheese curds.
The direct materials and direct labor standards for one package of natural cheddar cheese curds are the
following:
During March, the following activity was recorded:
a. Ten thousand pounds of mik were purchased at a cost of $2.20 per pound.
b. All of the milk purchased was used to produce 4,500 packages of cheese curds.
c.1,500 hours of direct labor time were recorded at a total labor cost of $28,000.
Required:
Compute the materials price, materials quantity, and materials spending variances for March on the
left, in a separate fle, or take a picture of a paper computation.
Compute the labor rate, labor efficiency, and labor spending variances for March on the left, in a
separate file, or tale a picture of a paper computation.
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