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Part of your companys accounting database was destroyed when Godzilla attacked the city. You have been able to gather the following data from your files.
Part of your companys 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.
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 "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Round "per unit" answer values to 2 decimal places.) Direct Labor per hour $ hours per unit 1.90 hours Direct Material 8.00 per lb Ibs per unit Ibs per unit 7.00 per lb 5,500 units 36,300 F $ $ Standard price or rate per unit of input Standard quantity per unit of output Actual quantity used per unit of output Actual price or rate per unit of input Actual output Direct-material price variance Direct-material quantity variance Total direct-material variance $ 12.00 per hour 5,500 units $ 25,900 F Direct-labor rate variance Direct-labor efficiency variance 18,150 F 7,700 F Total direct-labor variance $ $Step by Step Solution
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