November, the company experimented with fewer senior techniclans and more assistants in order to reduce labor costs. Wo you recommend the new labor mix be continued? 3. Compute the variable overhead rate and efficiency variances. Answer is not complete. Complete this question by entering your answers in the tabs below. For direct materials, compute the price and quantity varlances. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Inpiut all amounts as positive values. D. The materials were purchased trom a new supplier who is anxious to enter into a long term purchase contract Would you recommend the company sign the contract? 2. For direct labor: a. Compute the rate and efficiency variances. b. in the past, the 24 technicians employed in the production of Fludex consisted of 6 senior technicians and 18 assistants. During November, the company experimented with fewer senior technicians and more assistants in order to reduce labor costs. Would you recommend the new labor mix be continued? 3. Compute the variable overhead rate and efficiency variances. 8 Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the variable overhead rate and efficiency variances. Note: Indicate the effect of each variance by selecting " F" for fovorable, "UF for unfavorable, and "None" for no effect (1.e., zero variance), Input all amountr as positive values. 2. For direct labor: a. Compute the rate and efficiency variances. b. In the past, the 24 technicians employed in the production of Fludex consisted of 6 senior technicians and 18 assistants. During November, the company experimented with fewer senior techniclans and more assistants in order to reduce labor costs. Would you recommend the new labor mix be continued? 3. Compute the varlable overhead rate and efficiency variances. Answer is not complete. Complete this question by entering your answers in the tabs below. For direct labor, compute the rate and efficiency variances. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance). Inpat all amounts as positive values. Becton Labs, Incorporated, produces various chemical compounds for industriol use. One compound, called fludex has the following standard cost per unit: During November, the following octivity was recorded related to the production of Fludex: a. Materiats purchased, 10000 orinces of a cost of $197000 b. There was no beginning irventory of materials; howevet, at the end of the month, 2,550 ounces of material remained in ending inventory c. The compary emptoys 24 tab technicians to work on the production of Fludex During Novembec they each worked an average of 170 hours at an average pay rate of $1150 per hout during November totaled $4,800 e Diring Noverhter, the company produced 3700 units of Fludex. Required: 1. For direct materials: a. Compute the price and quantity variances. b. The materials were purchased from a new supplier who is anxious to enter into a long-term purchase contract. Would you recommend the company sign the contract? 2. For direct labor: as Compute the rate and etticiency variances. b. In the past, the 24 techniclans employed in the production of Fludex consisted of 6 senlor techinicians and 18 assistants. During Novernber, the company experimented with fewer sentior technicians and more assistants in ordier to reduce labor costs. Would you recontmend the new labor mox be continued
