Please answer FULLY and CORRECTLY. If you do not want to, PLEASE SKIP. If not and it is half done correctly I will report your work. I do not have post to waste. Thank you.
The following information relates to production activities of Mercer Manufacturing for the year Actual direct materials used Actual direct labore Actual units produced Standard wantity and price per unit for direct materials standard quantity and rate per unit for direct labor 17,200 pounds at 54.65 per pound 17.335 hours at 31 per hour 2.400 5 pound at $4.60 per pound 0.5 hour $3% per hur AR-Actual Rate SR Standard Rate AQ Actual Quantity SQ - Standard Quantity AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances (2) Compote the direct labor rate and efficiency variances Complete this question by entering your answers in the tabs below. ured Secured Comote the direct materials price and quantity variances (Indicate the effect of each variance by selecting favorable, unforte, or no Reguwed 1 Required 2 Compute the direct materials price and quantity variances (Indicate the effect of each variance by selecting the unfavorable, or na variance Actual Cost Standard Cost Required 2 > Complete this question by entering your answers in the tabs below. Hered Required Compute the direct labor rate and efficiency vartances, (Indicate the effect of each variance by selecting liverable, unfavorable, or wo variance) Standard Cont Actual Cost (Required 1 The following information relates to production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used 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 17,200 pounds at $4.65 per pound 17,835 hours at $31 per hour 32,400 0.50 pound at $4,60 per pound 0.50 hour at $32 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 2 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 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance Actual Cost Standard Cost $ 0 AP SP $ 0 0 Required 2 > SQ - Standard Quantity AP Actual Price SP Standard Price (1) Compute the direct materials price and quantity variances. (2) Compute the direct laborate and efficiency variances Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate and ticiency variances, (Indicate the effect of each variance by selecting favorable, unfavorable, or no varianon) Standard Cont Actual Cost $ 0 5 0 5 0 (Required 1
