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Needed ASAP Exercise 10-22 Straightforward Computation of Variances (LO 10-1, 10-3) Saskatewan Can Company manufactures recyciable soft-drink cans. A unit of production is a case

Needed ASAP
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Exercise 10-22 Straightforward Computation of Variances (LO 10-1, 10-3) Saskatewan Can Company manufactures recyciable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production engineering staff and the controller Actual material purchases amounted to 159.600 kilograms at $0.630 per kilogram. Actual costs incurred in the production of 38,000 units were as follows: Required: 1. Use the variance formulas to compute the direct-material price and quantity variances, the direct-materai purchase price variance and the drettlabor rate and efficiency variances. Indicate whether each varlance is favorable or unfovorable. (Indicote the effect of each voriance by selecting "Fovoroble" or "Unfovorable". Select "None" and enter " 0 " for no effect (l.e., zero voriance).) Required: 1. Use the variance formulas to compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-fabor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of eoch variance by selecting "Favorable" or "Unfavorable". Select "None" and enter " 0 " for no effect (i.e., zero voriance).) Exercise 10-26 Straightforward Calculation of Variances (LO 10-1, 10-3) During June, Danby Company's material purchases amounted to 7,600 pounds at a price of $7,80 per pound. Actual costs incurred in the production of 1,900 units were as follows: The standards for one unit of Danby Company's product are as follows: Required: Compute the direct-material price and quantity variances, the direct-materlal purchase price varlance, and the cirect-fabor rate and efficiency variances. (Indicate the effect of each variance by selecting "Favorable" or "Unfovoroble". Select "None" and enter "0" for no effect (i.e., zero varionce).) The standards for one unit of Danby Company's product are as follows: Required: Compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-labor fate and efficiency variances. (Indicate the effect of each variance by selecting "Favorable" or "Unfovorable". Select "None" and enter " 0 " for no effect (i.e., zero variance).)

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