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HELP PLEASE ! Due Tommorow ! Sticky Polymers Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor,

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HELP PLEASE ! Due Tommorow !
Sticky Polymers Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 10,750 units of product were as follows: Direct materials Direct labor Factory overhead Actual Costs 3,500 lbs at $12.50 4,200 hrs a $20.40 Standard Costs 3,700 lbs at $12.00 4,300 hrs, at $20.00 Rates per direct labor hr, based on 100% of normal capacity of 4,500 direct tabor hers: Variable cost, $4.00 Fixed cost $3.00 $16,800 variable cost $13.500 foxed cost Each unit requires 0.4 hour of direct labor. Requirements 1. Compute the cost and efficiency variances for direct materials and direct labor 2. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variance PR 25-4A. Differential analysis for further processing The management of Dominican Sugar Company is considering whether to process further raw sugar into refined sugar. Refined sugar can be sold for $2.20 per pound, and raw sugar can be sold without further processing for $1.40 per pound. Raw sugar is produced in batches of 42,000 pounds by processing 100,000 pounds of sugar cane, which costs $0.35 per pound of cane. Refined sugar will require additional processing costs of $0.50 per pound of raw sugar, and 1.25 pounds of raw sugar will produce 1 pound of refined sugar. INSTRUCTIONS 1. Prepare a differential analysis as of March 24 to determine whether to sell raw sugar (Alternative 1) or process further into refined sugar (Alternative 2)

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