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Needed ASAP Exercise 10-30 Reconstructing Standard-Cost Information from Partial Data (LO 10-1, 10-3) Part of your company's accounting database was destroyed when Godzilla attacked the
Needed ASAP
Exercise 10-30 Reconstructing Standard-Cost Information from Partial Data (LO 10-1, 10-3) Part of your company's accounting database was destroyed when Godzilla attacked the city. You have been able to gather the following data from your files: Reconstruct the remaining information using the available data. All of the raw material purchased during the period was used in production (Indicate the effect of each variance by selecting "Favorable" or "Unfovorable". Select "None" and enter " 0 " for no effect (i.e., zero variance). Round "per unit" answer values to 2 decimal ploces.) Problem 10-39 Direct-Material and Direct-Labor Variances (LO 10-1, 10-3) Orion Corporation has established the following standards for the prime costs of one unit of its chief product, danboards. During June, Orion purchased 285,000 pounds of direct material at a total cost of \$407,550. The total wages for June were $156,060. 90 percent of which were for direct labor. Orion manufactured 34,000 dartboards duting June, using 255,000 pounds of the direct matertat purchased in June and 18,360 direct tabor hours: Required: Compute the following variances for June. (Do not round intermediate calculations. Indicote the effect of eoch voriance by selecting "Favorable" or "Unfavorable". Select "None" and enter " 0 " for no effect (i.e., zero varionce).) Step by Step Solution
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