part 1

part 2

The following information relates to production acties of Mercer Manufacturing for the yea Actual direct waterials used Acta direttore Actual its produced Standard quantity proper wit for direct materials Standard quantitate per for atract AR Actual SR-Standard Rate 15,5 at 34.0 per 13.15 hours 14 hour 31.00 8.sept.35 per pod .. per AQ - Actual sn 4 | 0 AP=Actual Price SP - Standard Price (1) Compute the directes price and avances (2) Coroute the direct laborate and ticiency inces Complete this question wundering your answers in the table Bound Compute the directa prendre cestorice bring to Sad Co rad The following information relates to production activities of Mercer Manufacturing for the year Actual direct materials used Actual direct laborused Actual units produced Standard quantity and price per unit for direct materials Standard quantity and rate per unit for direct labor AR Actual Rate SR = Standard Rate 16,500 pounds at 54.30 per pound 17.135 hours at 524 per hour 31.000 0.50 pound at 54.25 per pound 0.50 hour at 525 per hour AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances (2) Compute the direct labor rate and efficiency variances Complete this question by entering your answers in the tabs below. Required 1 Required Compute the direct labor rate and efficiency variances (indicate the effect of each variance by selecting favorable unfavorable or no vacance) Actual Cont Standard Cost Required 1