LL, ive been taken from the reeds of Bahrain Company Direct materials 4 kgs at 56...

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LL, ive been taken from the reeds of Bahrain Company Direct materials 4 kgs at 56 per kg Direct labor 2 hours at $20 per hour Actual data for last month Units produced 20,000 Direct labor hours 44,000 Direct materials used: 70,000 kgs Direct labor rate per hour $18 Direct material price: $8 per kg Required: Direct materials purchased: 200,000 kgs (a) Compute the price and efficiency variances for direct materials and direct labor. Direct material price variance to be calculated the time of purchase make (b) Prepare the journal entries to record the price and efficiency variances for direct materials and direct labor For the toother press ALTART LL, ive been taken from the reeds of Bahrain Company Direct materials 4 kgs at 56 per kg Direct labor 2 hours at $20 per hour Actual data for last month Units produced 20,000 Direct labor hours 44,000 Direct materials used: 70,000 kgs Direct labor rate per hour $18 Direct material price: $8 per kg Required: Direct materials purchased: 200,000 kgs (a) Compute the price and efficiency variances for direct materials and direct labor. Direct material price variance to be calculated the time of purchase make (b) Prepare the journal entries to record the price and efficiency variances for direct materials and direct labor For the toother press ALTART