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eto,mheduca Chemlink Inc uses a standard cost system to account for the costs of its production of Chemical X. Standards are 3.2 gallons of materials
eto,mheduca Chemlink Inc uses a standard cost system to account for the costs of its production of Chemical X. Standards are 3.2 gallons of materials at $123 per gallon and 28 hours of labor at a standard wage rate of $30. During September Chemlink produced 3.350 gallons of Chemical Chemlink purchased and used totaled 3,750 gallons at a total cost of $465,180. Actual direct labor cost totaled $320,730 for 26,330 hours worked. a. Calculate the direct materials price variance (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (l.e., zero variance)) Price Vartano b. Calculate the direct materials quantity variance. (Indicate the effect of variance by selecting "Favorable" "Unfavorable" or "None" for no effect (la, zero variance).) Quantity Varian e Mote Start video Share Rece mere to search entomheducation.com .concentrohr JAIN c. Calculate the direct labor rate variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (.e., zero variance).) Rate Variance d. Calculate the direct labor efficiency variance. (Indicate the effect of variance by selecting "Favorable" "Unfavorable", or "None" for no effect i.e., zero variance).) Etancy Varlance 9000 e Mate 2. Start video Share O Reco here to search O *
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