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help with these 2 please Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 20,000 toy action figures to
help with these 2 please
Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 20,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows: The standard materials price is $0.50 per pound. The standard direct labor rate is $15.00 per hour, At the end of June, the actual direct materials and direct labor costs were as follows: There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June, Bezco Toy Company actually produced 17,600 units during June. Determine the direct matelals quantity and direct labor time variances. Round your per unit computations to two decimal places and round your answers to the nearest dollar, if required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a pesitive number. Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 4,000 computers: If productive capadity of 100% was 6,000 hours and the total factory overhead cost budgeted at the level of 4,000 standard hours was $137,000, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $4.5 per hour. Enter a faverable variance as a negative number using a minus sign and an unfavorable variance as a positive number Step by Step Solution
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