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During March, Manhattan Fabrics Corporation manufactured 560 units of a special multilayer fabric with the trade name Stylex. The following information from the Stylex production
During March, Manhattan Fabrics Corporation manufactured 560 units of a special multilayer fabric with the trade name Stylex. The following information from the Stylex production department also pertains to March. Direct material purchased: 18,600 yards at $1.44 $26,784 per yard Direct material used: 10,100 yards at $1.44 per yard Direct labor: 2,700 hours at $9.21 per hour 14,544 24,867 The standard prime costs for one unit of Stylex are as follows: Direct material: 20 yards at $1.41 per yard $28.20 Direct labor: 4 hours at $9.00 per hour 36.00 Total standard prime cost per unit of output $64.20 Required: Compute the following v variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance) he month of March. (Indicate the 1. Direct-material price variance 2. Direct-material quantity variance 3. Direct-material purchase price variance 4. Direct-labor rate variance 5. Direct-labor efficiency variance
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