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Direct Materials Direct Manufacturing Labor Costs incurred: Actual inputs actual prices $210,000 86,000 Actual inputs standard prices 213,000 83,000 Standard inputs allowed for actual output
Direct Materials | Direct Manufacturing Labor | ||
Costs incurred: Actual inputs actual prices |
| 86,000 | |
Actual inputs standard prices | 213,000 | 83,000 | |
Standard inputs allowed for actual output standard prices | 215,000 | 79,000 |
Compute the price, efficiency, and flexible-budget variances for direct materials and direct manufacturing labor.
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