Jen Draperies manufactures curtains. To complete a curtain, Jen requires the following inputs: Data table

Direct materials standard:

$8$ square yards at $$5\mathrm{.}50$ per yard

Direct manufacturing labor standard: $6$ hours at $$12\mathrm{.}60$ per hour

$($Click the icon to view the inputs.$)$

During the second quarter, Jen Draperies made $2,000$ curtains and used $15,500$ square yards of fabric costing $$82,150.$ Direct manufacturing labor totaled $12,500$ hours for $$152,500.$

Read the requirements.

Requirement $a.$ Compute the direct materials price and efficiency variances for the quarter.

First, determine the formula and enter the amounts to calculate direct materials actual price of input. $($Enter the direct materials actual price of input to two decimal places, $$.$ XX$.)$

Finally, determine the formula and enter the amounts to calculate the direct materials efficiency variance. Label each variance as favorable $($F$)$ or unfavorable $($U$).($Enter unit costs to two

decimal places, $$.xx.$ Abbreviations used: $AO=$ actual output, $BQ=$ budgeted quantity, $DM=$ direct materials.$)$

Efficiency $(Usage)$

Requirement b$.$ Compute the direct manufacturing labor price and efficiency variances for the quarter.

First, determine the formula and enter the amounts to calculate direct manufacturing labor actual price of input. $($Enter the direct labor actual price of input to two decimal places, $$x.)$

$[$

Now determine the formula and enter the amounts to calculate the direct manufacturing labor price variance. Label each variance as favorable $($F$)$ or unfavorable $($U$).($Enter unit costs to two

decimal places, $$.xx.$ Abbreviations used: $DL=$ direct labor.$)$