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Chapter 7 Flexible Budgets, Direct - Cost Variances, and Management Control The following data for the Alma Company pertain to the production of 1 ,
Chapter Flexible Budgets, DirectCost Variances, and Management Control
The following data for the Alma Company pertain to the production of ums during August.
Direct Materials all materials purchased were used:
Standard cost: $ per pound of urn.
Total actual cost: $
Standard cost allowed for units produced was $
Materials efficiency variance was $ unfavorable.
Direct Manufacturing Labor:
Standard cost is urns per hour at $ per hour.
Actual cost per hour was $
Labor efficiency variance was $ favorable.
Required:
a What is standard direct material amount per urn?
b What is the direct material price variance?
c What is the total actual cost of direct manufacturing labor?
d What is the labor price variance for direct manufacturing labr
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