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HELP ASAP!! 1 question 2 parts Direct materials ( 15 pounds 9$3 per pound) Direct labor ( 3 hours 8$15 per hour) $45 During May
HELP ASAP!! 1 question 2 parts
Direct materials ( 15 pounds 9$3 per pound) Direct labor ( 3 hours 8$15 per hour) $45 During May the company incurred the following actual costs to produce 8,300 units. Direct materials (128,308 pounds @$2.80 per pound) Direct labor {28,400 hours e. $15.10 per hour ) 5359,240428,840 AR= Actual Rate SR= Standard Rate AQ=Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Complete this question by entering your answers in the tabs below. AP= Actual Price SP= Standard Price (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Complete this questlon by entering your answers in the tabs below. (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficincy variance. Complete this question by entering your answers in the tabs below. Compute the direct labor rate variance and the direct labor effiency variance. (Indicate the effect of each variance by selecting favorable, unfayorable, or ne variance. Round "Rate per hour" answers to 2 decimal places.) Step by Step Solution
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