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Mayberry Company had the following journal entries recorded for the end of June. Unfortunately, the company's only accountant quit on July 10 and the president

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Mayberry Company had the following journal entries recorded for the end of June. Unfortunately, the company's only accountant quit on July 10 and the president is at a loss as to the company's performance for the month of June. Entry # 1: Materials Control 300,000 Direct Materials Price Variance 10,000 Accounts Payable Control 290,000 Entry #2: Work-in-Process Control 120,000 Direct Materials Efficiency Variance 8,000 Materials Control 128,000 Entry # 3: Work-in-Process Control 850,000 Direct Manufacturing Labor Price Variance 15,000 18,000 Direct Manufacturing Labor Efficiency Variance Wages Payable Control 847,000 Required: a. What kind of performance did the company have for June? Complete the information for each variance below by checking the appropriate answers: Direct Materials Price Variance Favorable Unfavorable_ Direct Materials Efficiency Variance Favorable_ Direct Labor Price Variance Favorable Direct Labor Efficiency Variance Favorable_ Why is Direct Materials given in two entries? b. Unfavorable Unfavorable Unfavorable_

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