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Help Me Please!! value 10.00 points Sharp Company manufactures a product for which the following standards have been set Standard Quantity Standard Price Standard or
Help Me Please!!
value 10.00 points Sharp Company manufactures a product for which the following standards have been set Standard Quantity Standard Price Standard or Hours or Rate Cost $5 per foot $15 Direct materials 3 feet hours Direct labor per hour During March, the company purchased direct materials at a cost of $52,965, all of which were used in the production of 2,920 units of product. In addition, 4,500 hours of direct labor time were worked on the product during the month. The cost of this labor time was $31,500. The following variances have been Computed for the month: $4,350 U Materials quantity variance $3,030 U Labor spending variance Labor efficiency variance 780 UStep by Step Solution
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