Jenna Draperies manufactures curtains. To complete a curtain, Jenna requires the following inputs: (Cick the icon to view the imputs.) During the second quarter, Jenna Draperies made 2,000 curtains and used 13,500 scuare yards of fabric costing $74.250. Direct manufacturing labor totaled 8,400 hours for $93,240. 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 caiculate deect materials actual price of input, (Enter the direct materials actual price of input to two decimal placen, 5x ) Finaly, determine the fontula and enter the amounts to calculate the orect maserials efficiency variance. Label each variance as favorabie (F) or unfavorable (U). (Enter unit cants to two Requirement b. Compute the cirect manufacturing tabor price and efficiency variances for the quarier. Finally, determine the formula and enter the amounts to calculate the direct materials efficiency variance. Labet each variance as favorable (F) or unfavorable (U). (Enier unit conts to two decimal places, 5.XX, Abbroviations used: AO= actual output, 8Q= bucgeted quantity, OM a direct materials.) Requirement b. Compute the direct manufacturing iabor price and officiency variances for the quarter. Finst, determine the formula and enter the amounts to calculate direct manulacturing labor actual price of input, (Enter the direct labor actual price of input to two decinal places. SX XXX) Fist. Sotermine the formula and enter the amounis to calculate direct manulacturing labof actual price of input. Now determine the formula and enter the amounts to caloulate the direct manulacturing labor price variance. Label each variance as faverable (F) or untavorabie (U) (Enter unit conts to two decimal places, 5. Abbreviaticos used: DL= direct labor.) Finaly, determine the focmula and entor the amounts to calculate the officiency variance, Label each variance as faverable (F) or untavorable (U) (Entet unit oosts to twy decimal places, sx XX. Abbroviotions ubod: AO= octual output, BQ= budgeted quantify, DL = direct tabor.) Price variance Emiciency (Usoge) nine the formula and enter the amounts to calculate the direct materials efficiency variance. Label each variance as favora s, SX.XX. Abbreviations used: AO= actual output, BQ= budqeted quantity, DM = direct materials.) e formula and enter the amounts to calculate the direct materials efficiency variance. Label each variance as favora Requirements a. Compute the direct materials price and efficiency variances for the quarter. b. Compute the direct manufacturing labor price and efficiency variances for the quarter
