Chapter 10 ACC 613 Profit planning and control

Score: 0 of 3 pts Hw Score: 0%, 0 of 21 pts E10-47 (similar to) Each unit of job Y703 has standard requirements of 4 pounds of naw material at a pioe of $1 aw matedial oonsting $04 per pound. The job used a total of 8,000 direct labor hours cossing a total of $50,000 1 per pound and 0 80 hours of direct labor at 96 26 per hour To produon 9,000 units of th a) Detemine the material price varlance for job Y703 b) Determine the maberial quantity variance for job Y703. c) Assume that the matorials used on this job were purchased from a new supplier. Would you d) Detemine the drect labor rate variance for job Y703 )Determine the Girect labor continuing with this new supplier? Why or why not? (Click the icon for information regarding the formla solections) (a) Determine the material price variance for job YTO3 hours alowed utput achieve quantity of SR - Sandand wage n the input fields and any list or 20s 1 1 2 0