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Clean Plate Company produces placemats. Each p vinyl material: the material should cost S1 per meter. In June, the turned and sold 100,000 placemats. During
Clean Plate Company produces placemats. Each p vinyl material: the material should cost S1 per meter. In June, the turned and sold 100,000 placemats. During the month, it used 20, 200 meters of vinyl material. The total cost of the material was exist19, 796. Compute the direct materials price and direct materials quantity variances for June LO3 Direct Materials Variances SE6. Using the standard unit costs that you computed in SE3 and the actual cost and usage data that follow, compute the direct materials price and direct materials quantity variances. Direct materials purchased and used (pounds) Price paid for direct materials Number of good units produced 21, 800 exist10.10 per pound 21,000 units Direct Labor Variances SE7. Using the standard uni usage data that LO4 sts that you computed in SE3 and the actual cost and low, compute the direct labor rate and direct labor efficiency variances hours used 11,000 hours exist134.200
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