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I will fail without help :( 3 part ? Required information [The following information applies to the questions displayed below.) Part 1 of 3 A
I will fail without help :( 3 part ?
Required information [The following information applies to the questions displayed below.) Part 1 of 3 A manufactured product has the following information for June. 7.69 points 8 per 48,500 lb. cBook Standard Actual lbs. @ $8.10 per Direct materials (6 lbs. @ $8 per lb.) Direct labor (2 hrs. @ $16 per 15.700 hrs. hr.) per hr. (2 hrs. @ $12 per s198,000 Overhead hr.) Units manufactured 8,000 References (1) Compute the standard cost per unit. Direct materials Direct labor Overhead Total (2) Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable. Total cost variance Part 2 of 3 Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable. 769 points AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Actual Cost Standard Cost Part of 7.72 Doints AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable. Actual Cost Standard Cost Step by Step Solution
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