* int Dwyer, Inc. is a privately held furniture manufacturer For August 2017, Dwyer had the following standards for one of its products, a wicker chair m (Click the icon to view the standards per chale) The following data were compiled regarding actual performance actual output units (chairs) produced, 2.400 square metres of input purchased and used, 4,500 price per square metre. $5.70 direct manufacturing labour costs $9,612, actual hours of input 890, labour price per hour 510 80 Nover Required Data Table 1. Show computations of price and efficiency variances for direct materials and direct manufacturing labour Give a plausible explanation of why each variance Occurred 2. Suppose 7,000 square metres of materials were purchased at $5.70 per square metre), even though only 4.500 square metres were used Suppose further that adances are identified at the mostly control point, accordingly, direct materials price variances are Isolated and traced at the time of purchase to the purchasing department rather than to the production department Compute the price and efficiency variances under this approach Standards per Chair per square 2 square metres of input at $ 560 metre Directorials Dvet manufacturing Labour 0.5 hour of input at $ 10 90 per hour uncement Due Assis Print Print Done Done ent Assign Flexible budget con kameras Dare manufacturing labour X DAY X Choose from any list or enter any number in the input fields and then continue to the next question pleted Ass is cours SUS 2 based on Momore Coutco A Manampai tighe Canadian