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need help on table 2 parts omework G Exercise 21-15 Direct materials and direct labor variances LO P3 The following describes production activities of Mercer
need help on table 2 parts
omework G Exercise 21-15 Direct materials and direct labor variances LO P3 The following describes production activities of Mercer Manufacturing for the year Actual direct materials used Actual direct labor used Actual units produced 32,6ee 105. at $5.85 per 1. 10,610 hours for a total of 5229.566 63,030 Budgeted standards for each unit produced are 0.50 pound of direct material at 65 80 per pound and to enteret $2160 per hour AH = Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate AQ - Actual Quantity SQ - Standard Quantity AP = Actual Price SP = Standard Price the direct materials price and quantity variances and classily each as favorable or unfavorabile indicated at ble, and no variance. Round "Cost per unit answers to 2 decimal vare indicate the effect of Wuantity SO Standard Quantity AP - Actual Price SP = Standard Price (1) Compute the direct materiais price and quantity variances and consteach us favorable or no ridicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Cost per uniwers to decides (2) Compute the direct laborate and efficiency variances and classily ach as favorite are variance by selecting for favorable, unfavorable, and no variance) Complete this question by entering your answers in the tabs below Required Required Compute the direct materials price and quantity variances and classicach as como calculations Ana Cast Ne> SO PI Step by Step Solution
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