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Need some help on these. Thanks! During June the company incurred the following actual costs to produce 8,200 units. Direct nateriats 1116,900 pounds a $3,75
Need some help on these. Thanks!
During June the company incurred the following actual costs to produce 8,200 units. Direct nateriats 1116,900 pounds a $3,75 per pound? Direct labor (37, eae hours e $16.20 per hour) \$ 438,375 AR = Actual Rate SR= Standard Rate AQ-ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice (1) Compute the direct materias price and cuantity variances (2) Compute the direct labor rate variance and the direct labor efficiency variance Complete this question by entering vour answers in the tabs below. Camila Company has set the foliowing standard cost per unit for direct materials and direct labor. Directmaterials(14poundsa$4perpound)Directlaber(4hourse$16perhour)$5664 During June the company incurred the following actual costs to produce 8,200 units. Directmatertals(116,900poundse$3,75perpound)Oifectlaber(37,00ehourse$16.28perhour)599,475 AR=ActualRoteSR=StandardRateAQ=ActualQuantitySO=StandardQuantityAP=ActualPriceSP=StandardPrice (1) Compute the direct materials price and quantity variances (2) Compute the direct labor rate variance and the direct labot efficiency variance. Complete this question by entering your answers in the tabs below Step by Step Solution
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