Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer ALL. Orion Corporation has established the following standards for the prime costs of one unit of its chief product, dartboards. During June, Orion

please answer ALL.
image text in transcribed
Orion Corporation has established the following standards for the prime costs of one unit of its chief product, dartboards. During June, Orion purchased 236,000 pounds of direct material at a total cost of $649,000. The total wages for June were $132,384. 75 percent of which were for direct labor. Orion manufactured 21,000 dartboards during June, using 205,800 pounds of the direct material purchased in June and 41,370 direct-labor hours. Required: Compute the following variances for June. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions