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need all requirements no Requirements 1. Compute the price and quantity variances for direct materials. Compute the rate and efficiency variances for direct labor. 2.
need all requirements
no
Requirements 1. Compute the price and quantity variances for direct materials. Compute the rate and efficiency variances for direct labor. 2. Does the pattern of variances suggest that the company's managers have been making trade-offs? Explain. Requirement 1. Compule the price and quantity variances for direct materials Compute the rate and eNielency variances for direct labor (Enter the yarances as posieve DN = Direct materials DL - Direct laber) 1. PM ence variance Great Guard, which used a standard cost accounting system, manufactuted 240,000 boat fenders during the year, using 1,490,000 foet of exsuded vinyl purchased at $110 per fooc Production required 4800 cicect babor hours that cost $1450 per hour The materials vtandard was 6 feet of vinjl per fender at a standard cost of $125 per foot The fabor standard was 0.028 tirect labot hour per fender at a standard cost of $1300 per hous Read the ceoviramenta = Great Guard, which used a standard cost accounting system, manufactured 240,000 boat fenders during the year, using 1,490,000 feet of extruded vinyl purchosed at $1 10 per foo Production required 4.800 direct tabor hours that cost $1450 per heut. The materials standard was 6 teat of vinyl per fender at a standard cost of $125 per foot. The iaber standard. vas 0.028 divet labor hour per fender at a standard cost of 51300 per hour Read the tegutrements Timeremisining:02 sest The materals the net eftet s The takes bha Step by Step Solution
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