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CS Need help with managerial accounting problem. Thanks Saskatewan Can Company manufactures recyclable soft- drink Cans. A unit of production Is a Case Of IZ

CS Need help with managerial accounting problem. Thanks

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Saskatewan Can Company manufactures recyclable soft- drink Cans. A unit of production Is a Case Of IZ dough cans The following standards have been set by the production _engineering staff and the controller* Direct Labor ." Quantity , 8 . 22 hour Direct Material .` `. $11 . 00 per hour Quantity . 3 kilograms* Price, $0. 54 per Kilogram Actual material purchases amounted to 156. 400 Kilograms at $0. 610 per Kilogram. Actual costs incurred in the production of 34.000 units were as follows : Direct labor : Direct material . $93 , 024 for 8 , 168 hours $70 . 516 for 115 . 608 kilograms Required : 1. Use the variance formulas to compute the direct-material price and quantity variances, the direct-material purchase price variance , and the direct - labor rate and efficiency variances Indicate whether each variance is favorable or unfavorable. (indicate the effect of each variance by selecting " Favorable" or " Unfavorable" Cele" "More" and enter " O" for no effect lie zero variance! ) Direct-material price variance* Direct- material quantity variance Direct- material purchase price Variance Direct-labor rate Variance Direct - labor efficiency variance

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