Direct Materiats 3squiere yards of input $5,60 Shrinky is a privately held furniture manufacturer. For August 2017 Shrinky had the following standards for one The following data were compiled regarding actual performance actual output units chairs) produced, 3,000, , s, Polo of input, ato, labur price per hour $10.20. , of its products a wicker Chair yard, 15. Mo direct manufacturing , , ; Der squereyd Direct Manufacturing laber 0.5 ans of input at $10.ooper hour IF - Actual cast 1. Shour computations of price tefficiency Vorances for direct materials tareat manuten labur Ghea plausible explanction of why each variance occured. Next we will calculate the actual put Direct Alpes X Materials at the budgeted price Actuat in fut X Direct Materials Direct Manufacturiclabore Determing the formulat calculate the costs for the flexible budget Direct Materials XE Direct Manfucturing labur 1-1 mou compete the price fefficiency verances direct materials t direct manufacturing laberi haber each farience as farcbabielej of unfavorarte (4) Price Efficiency Variones By gente cost IE 1-flexible banget O fet ullandfatering og Tabor 11,100 Requirement a. Suppuse la square Yrds. of materials uere purchased at further that variances are identified 8,600 square yards were used Roouse at their most timely control point, accordingly, dired materials price variances the alternative Rediger ydonly are isolated traced at the time of Purchase to the purchasing department . compute the price fefficiency variences under this approach Begin with recalculating the costs using the informatico previded forex ble budget Actual est Purchasing Production Nous direct price efficiency variantes habel each variance 06 farceable le pun unfavorableluj Efficiency Variance variance Direct Materials cos . manufactures For August 2017 Shrinly Shrinky is a privately held furniture had the following standards for one The following duta were compiled regarding actual performance actuel output units (chairs, produced, 3.000,- Square yards of input purchased and used, s, 600 price per squere. yard, 15. Mo direct manufacturing labor costs, 89 894; actual hours of input, ato, labur price per hour, $10.20. Standards per Chairs - Direct Materiats Esquereyards of input $5,60 per squareyd. Direct manufacturing laber 1.5hrs of input at $10. Oper hour 1. Shows computations of price tefficiency manufacturing labur. Give a plausible explanation of why each variance occured Direct X I. Actual cast Materials Next we will calculate the actual input at the budgeted price Alexat in het te brengencost Direct Materials Direct Manufacturislaber Determine the formulat calculate the costs for the flexible budget 1-flexblberget Direct Materiais XE Direct Monfacturing laber C IX E Nome compute the price tefficiency variances for direct matemals t direct manufacturing Of unfavorarte (4) Efficiency variances Varianels Direct anterials Difed Manufacturing Tabor 11,100 Requirement 2. Suppose Braso square Yrds. of materialuere purchased lat "15.70 per sq yd), even though only 18,600 square jards were used 3p pose further that variances are identified at their most timely control point, accordingly, direct materials price variances are isolated & traced at the time of perna hospin to He then chemise de portales cortiment. rather than to the production Compute the price fefficiency. variances Begin with recalculating the costs using the internativo previded file i bije belger the alternative agricole Purchasing Prorluction Nous compute the direct materials price Variance of faverable CF ser un fororoblelu) -Price Variance cost Actual est Efficiency variance Direct Materials Direct Materiats 3squiere yards of input $5,60 Shrinky is a privately held furniture manufacturer. For August 2017 Shrinky had the following standards for one The following data were compiled regarding actual performance actual output units chairs) produced, 3,000, , s, Polo of input, ato, labur price per hour $10.20. , of its products a wicker Chair yard, 15. Mo direct manufacturing , , ; Der squereyd Direct Manufacturing laber 0.5 ans of input at $10.ooper hour IF - Actual cast 1. Shour computations of price tefficiency Vorances for direct materials tareat manuten labur Ghea plausible explanction of why each variance occured. Next we will calculate the actual put Direct Alpes X Materials at the budgeted price Actuat in fut X Direct Materials Direct Manufacturiclabore Determing the formulat calculate the costs for the flexible budget Direct Materials XE Direct Manfucturing labur 1-1 mou compete the price fefficiency verances direct materials t direct manufacturing laberi haber each farience as farcbabielej of unfavorarte (4) Price Efficiency Variones By gente cost IE 1-flexible banget O fet ullandfatering og Tabor 11,100 Requirement a. Suppuse la square Yrds. of materials uere purchased at further that variances are identified 8,600 square yards were used Roouse at their most timely control point, accordingly, dired materials price variances the alternative Rediger ydonly are isolated traced at the time of Purchase to the purchasing department . compute the price fefficiency variences under this approach Begin with recalculating the costs using the informatico previded forex ble budget Actual est Purchasing Production Nous direct price efficiency variantes habel each variance 06 farceable le pun unfavorableluj Efficiency Variance variance Direct Materials cos . manufactures For August 2017 Shrinly Shrinky is a privately held furniture had the following standards for one The following duta were compiled regarding actual performance actuel output units (chairs, produced, 3.000,- Square yards of input purchased and used, s, 600 price per squere. yard, 15. Mo direct manufacturing labor costs, 89 894; actual hours of input, ato, labur price per hour, $10.20. Standards per Chairs - Direct Materiats Esquereyards of input $5,60 per squareyd. Direct manufacturing laber 1.5hrs of input at $10. Oper hour 1. Shows computations of price tefficiency manufacturing labur. Give a plausible explanation of why each variance occured Direct X I. Actual cast Materials Next we will calculate the actual input at the budgeted price Alexat in het te brengencost Direct Materials Direct Manufacturislaber Determine the formulat calculate the costs for the flexible budget 1-flexblberget Direct Materiais XE Direct Monfacturing laber C IX E Nome compute the price tefficiency variances for direct matemals t direct manufacturing Of unfavorarte (4) Efficiency variances Varianels Direct anterials Difed Manufacturing Tabor 11,100 Requirement 2. Suppose Braso square Yrds. of materialuere purchased lat "15.70 per sq yd), even though only 18,600 square jards were used 3p pose further that variances are identified at their most timely control point, accordingly, direct materials price variances are isolated & traced at the time of perna hospin to He then chemise de portales cortiment. rather than to the production Compute the price fefficiency. variances Begin with recalculating the costs using the internativo previded file i bije belger the alternative agricole Purchasing Prorluction Nous compute the direct materials price Variance of faverable CF ser un fororoblelu) -Price Variance cost Actual est Efficiency variance Direct Materials