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Part of your company's accounting database was destroyed during a ransomware attack. You have been able to gather the following data from your files. Reconstruct
Part of your company's accounting database was destroyed during a ransomware attack. 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.
Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter for no effect ie zero variance Round "Standard Quantity per Unit of Output" to decimal places.
tableStandard price or rate per unit of input,Direct Labor,Direct Material$per hour,$per poundStandard quantity per unit of output,,hours per unit,,,pounds per unitActual quantity used per unit of output,,hours,,pounds per unitActual price or rate per unit of input,$per hour,$per poundActual output,,units,,unitsDirectmaterial price variance,,,,$
find standard price or rate per unitof input actual quantity per unit of ouput, standard quantity per unit of output, direct labor rate vsriance direct material quantity variance, actual quantity used per unit of output
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