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Data Table Direct materials cost standard Direct materials efficiency standard Actual amount of fabric purchased and used Actual cost of fabric purchased and used Direct
Data Table Direct materials cost standard Direct materials efficiency standard Actual amount of fabric purchased and used Actual cost of fabric purchased and used Direct labor cost standard $11.00 per yard of fabric 2.10 yards per shirt 3,830 yards $43,662 $14.00 per DLHO 3.00 DLHr per shirt Direct labor efficiency standard Actual amount of direct labor hours Actual cost of direct labor 5,840 DLHr $79,132 Requirements Calculate the following variances: 7. Direct materials cost variance 8. Direct materials efficiency variance 9. Total direct materials variance 10. Direct labor cost variance 11. Direct labor efficiency variance 12. Total direct labor variance Print Done Smithson Company manufactures shirts. During June, Smithson made 1,000 shirts and gathered the following auditional data: (Click on the icon to view the data) Read the ancamano 7. Calculate the direct materials cost varianco Select the formula, then enter the amounts and compute the cost variance for direct materials and Identity whither the variance is favorable (F) or unfavorable (U) Direct Materials Cost Variance
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