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, 0.23 hour Rate, $11.50 per hour Direct Material: Quantity, 2 kilograms Price, $0.56 per kilogram Actual material purchases amounted to 122,400 kilograms at $0.62 per kilogram. Actual costs incurred in the production of 36,000 units were as follows: $110,916 for 9,360 hours $52,452 for 84,600 kilograms Direct material: Required: Fill in the amounts in the tables 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 enter "O" for no effect (i.e. variance). Round "per kilogram" to 2 decimal places.) Direct-Material Price and Quantity Variances Projected Material Cost Actual Standard Quantity Price Actual Material Cost Actual Actual Price Quantity Standard Material Cost Standard Quantity Standard Price kilograms per kilogram kilograms used per kilogram kilograms allowed per kilogram used Direct-material price variance Direct-material quantity variance Direct-material variance 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 enter "O" for no effect (i.e., zero variance). Round "per kilogram" to 2 decimal places.) Direct-Material Purchase Price Variance Actual Material Cost of Purchases Actual Actual Quantity Price Actu Projected Material Cost of Purchases Actual Standard Quantity Price * kilograms purchased per kilogram kilograms purchased per kilogram Direct-material purchase price variance Required 1 Required 3 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 enter "O" for no effect (i.e., z variance). Round "per hour" to 2 decimal places.) Direct-Labor Rate and Efficiency Variances Projected Labor Cost Actual Labor Cost Actual Hours Standard Labor Cost Standard Standard Rate Hours Actual Rate Actual Hours Standard Rate hours used per hour hours used per hour hours allowed per hour Direct-labor rate variance Direct-labor efficiency variance Direct-labor variance