i Data Table Simpson Scientific manufactures GPS devices for a chain of retail stores. (Click the icon to view information about the Magellan XS.) The budgeted and actual amounts for Magellan XS for July 2017 were as follows: (Click the icon to view the budgeted and actual amounts.) i (Click the icon to view additional information.) Read the requirements. . Actual Amounts 4,500 $ 93.219 Requirement 1. Compute the price and efficiency variances for the three categories of direct materials and for direct manufacturing labor in July 2017. Begin by calculating the the price and efficiency variances for the each category of direct materials. (Do not round intermediary calculations. Round the favorable (F) or unfavorable (U). For variances with a $0 balance, make sure to enter "O' in the appropriate field. If the variance is zero, do not select a Budgeted Amounts 3,900 S 82,719 3,939 4,439 S Efficiency Actual Costs incurred Price Variance Actual Input Qty x Budgeted Price Flexible Budget Magellan XS units produced Navigation systems cost Navigation systems Polarized glass cost Sheets of polarized glass used Plastic casing cost Ounces of specially plastic used Direct manufacturing labor costs Direct manufacturing labor hours 46,800 1,170 20,670 $ 41.650 1,190 $ 21.068 Varlance S 4,344 July 2017 Navigation systems Polarized glass 4,134 26,520 S $ 27,018 1,580 1,560 Plastic casing Print Done Calculate the the price and efficiency variances for the direct labor. (Do not round intermediary calculations. Round the amount you enter into the input variances with a $0 balance, make sure to enter "o" in the appropriate field. If the variance is zero, do not select a label.) Actual Price Flexible Actual Input Qty x Budgeted Price Efficiency Variance Costs Incurred Variance Budget July 2017 Direct labor Requirement Describe the types of actions the employees at the Savannah plant may have taken to reduce the accuracy of the standards set by the outside consultant. Why would employees take those actions? Is this behavior ethical? i Data Table Simpson Scientific manufactures GPS devices for a chain of retail stores. (Click the icon to view information about the Magellan XS.) The budgeted and actual amounts for Magellan XS for July 2017 were as follows: (Click the icon to view the budgeted and actual amounts.) i (Click the icon to view additional information.) Read the requirements. . Actual Amounts 4,500 $ 93.219 Requirement 1. Compute the price and efficiency variances for the three categories of direct materials and for direct manufacturing labor in July 2017. Begin by calculating the the price and efficiency variances for the each category of direct materials. (Do not round intermediary calculations. Round the favorable (F) or unfavorable (U). For variances with a $0 balance, make sure to enter "O' in the appropriate field. If the variance is zero, do not select a Budgeted Amounts 3,900 S 82,719 3,939 4,439 S Efficiency Actual Costs incurred Price Variance Actual Input Qty x Budgeted Price Flexible Budget Magellan XS units produced Navigation systems cost Navigation systems Polarized glass cost Sheets of polarized glass used Plastic casing cost Ounces of specially plastic used Direct manufacturing labor costs Direct manufacturing labor hours 46,800 1,170 20,670 $ 41.650 1,190 $ 21.068 Varlance S 4,344 July 2017 Navigation systems Polarized glass 4,134 26,520 S $ 27,018 1,580 1,560 Plastic casing Print Done Calculate the the price and efficiency variances for the direct labor. (Do not round intermediary calculations. Round the amount you enter into the input variances with a $0 balance, make sure to enter "o" in the appropriate field. If the variance is zero, do not select a label.) Actual Price Flexible Actual Input Qty x Budgeted Price Efficiency Variance Costs Incurred Variance Budget July 2017 Direct labor Requirement Describe the types of actions the employees at the Savannah plant may have taken to reduce the accuracy of the standards set by the outside consultant. Why would employees take those actions? Is this behavior ethical