Exercise 10-23 Determination of Variances Using Diagrams (LO 10-3) Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the controller. Direct Labor: Quantity, 0.25 hour Rate, $16 per hour Direct Material: Quantity, 4 kilograms Price, $0.80 per kilogram Actual material purchases amounted to 240,000 kilograms at $0.81 per kilogram. Actual costs incurred in the production of 50,000 units were as follows: Direct labor: Direct material: rect labor: $229,900 for 220.000 kilograms $211,900 for 13,000 hours $170, 100 for 210,000 kilograms Required: Fill in the amounts in the tables below. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and ente variance). Round "per kilogram" to 2 decimal places.) Actual Material Cost Actual Actual Price Quantity Direct-Material Price and Quantity Variances Projected Material Cost d Actual Quantity Price Standard Material Cost Standard * Standard Price Quantity * Standard kilograms used per kilogram kilograms used per kilogram kilograms allowed per kilogram Direct-material price variance Direct-material quantity variance Direct-material variance