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Direct Materials, Direct Libor, and Factory Overhead Cost Variance Analysls Road Gripper Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials,
Direct Materials, Direct Libor, and Factory Overhead Cost Variance Analysls Road Gripper Tire Co. manufactures automobile tires. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 4,160 tires were as follows: Required: a. Determine the direct materials price variance, direct materials cuantity variahice, and total direct materials chat varianice, Enter a fovorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. b. Determine the direct labor ratie variance, direct labor time vaciance, and total direct labof cost variagce. Enter a tavorable variance as a negabve number using a minus sfgn and an unfavorable vatiance as a positlve numbec. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable varian as a negative number using a minus sign and an unfavorable variance as a positive number. b. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. c. Determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overticad cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Eathatigik TC Cnack My Weik
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