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Please complete problems 26 and 27 Exercise 10-26 Straightforward Calculation of Variances () LO 10-1, 10-3) During June, Danby Company's material parchases amounted to 6,000

Please complete problems 26 and 27 image text in transcribed
Exercise 10-26 Straightforward Calculation of Variances () LO 10-1, 10-3) During June, Danby Company's material parchases amounted to 6,000 pounds at a price of $7.30 per potind. Actual eosts incurred in the production of 2,000 units were as follows: The staadards for one unit or Danby Company's product are as follows: Required: Compote the directabaterial price and quantity viriances. the direct-material parchase price variance. and the direct-labor cate and effelency varianses. Indicate whether cach variance is fivosable or unfavorable. - Exercise 10-27 Diagramming Direct-Material and Direct-Labor Variances () LO 10-3) Refer to the data in the preceding exereise. Draw diagrans depicting the direct-material and direct-labor variances similar to the diagrams

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