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(Click the icon to view the standards.') (Click the icon to view the actual results for April.) Read the requirements. Data table Requirement 1. For
(Click the icon to view the standards.') (Click the icon to view the actual results for April.) Read the requirements. Data table Requirement 1. For the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U). At the beginning of 2020 , DDC budgeted annual production of 400,000 doorknobs Before computing the variances complete the tables below. Begin by completing the table for direct materials. and adopted the following standards for each doorknob: Requirements Actual Input Qty. Budgeted Price 1. For the month of April, compute the following variances, indicating whether each is favorable (F) or unfavorable (U). a. Direct materials price variance (based on purchases) b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Variable manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance h. Fixed manufacturing overhead spending variance 2. Can Rogers use any of the variances to help explain any of the other variances? Give examples. Data table
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