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7 19 20 21 Hutto Corp. has set the following standard direct materials and direct labor cost per un for the productores Direct wer14.04 per 1.) Direct labor (2 h. 14 h) During May the company incurred the following actual conts to produce 8.900 units 24 556 Direct train (126,600 on..$3.30 D.) Direct Labor (22.600 . $14.10 p.) AH Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate 3401,00 211.666 AQ - Actual Quantity SQ - Standard Quantity AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no variance.) (2) Compute the direct labor rate variance and the direct labor efficiency variance (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. Indicate whether each variance is favorable or unfavorable. Actual Cost 0 Standard Cost $ 0 $ 0 $ 0 0 Required Required 2 > Hutto Corp. has set the following standard de merais and decor Center Diere 14.04 Dr. Dio. La 2 14 perhe During May the company incurred the following cual costo produce 8.900 Direct matos (126.600 1. 93.00 lb. Direct Loc 22.600 h. 14.10 .) AH Actual Hours SH Standard Hours AR - Actual Rate SR Standard Rate 41.99 213,60 AQ - Actual Quantity SQ Standard Quantity AP = Actual Price SP - Standard Price (1) Compute the direct materials price and quantity variances. indicate the effect of each varlance by selecting for favorable unfavorable, and no variance.) (2) Compute the direct labor rate variance and the direct labor efficiency variance indicate the effect of each variance by wwing for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate variance and the direct labor efficiency variance Indicate whethver each variance is favorable or un Actual Cost Standard Cost $ 0 0 $ 0 0 Required 1 R to Corp. has set the following standard direct materials and direct labor costs per un tot 216 Direct materials (14 lbs. 34 per lb.) Direet Labor (2 hes. $14 per he.) During May the company incurred the following actual costs to produce 8.900 units Direct materials (126,600 lbs. $3.80 per lb. Direct Labor (22.600 hrs. $14.10 per te. ). 056 28 AH = Actual Hours SH - Standard Hours AR = Actual Rate SR = Standard Rate 5481,080 318.660 AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price (1) Compute the direct materials price and quantity variances. (Indicate the effect o unfavorable, and no variance.) (2) Compute the direct labor rate variance and the direct labor efficiency variance. for favorable, unfavorable, and no variance. Round "Rate per hour" answers to Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate variance and the direct labor efficiency variance. In Actual Cost
