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Please do all of the requirements. Brookman Company manufactures shirts. During June, Brookman made 1,400 shirts and gathered the following additional data: (Click on the
Please do all of the requirements.
Brookman Company manufactures shirts. During June, Brookman made 1,400 shirts and gathered the following additional data: (Click on the icon to view the data.) Read the requirements. 7. Calculate the direct materials cost variance. Select the formula, then enter the amounts and compute the cost variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). * - Direct Materials Cost Variance Actual Cost 24174 - . Standard Cost 15 ) ) Actual Quantity 2,370 ( Data Table i Requirements Calculate the following variances: 7. Direct materials cost variance 8. Direct materials efficiency variance 9. Total direct materials variance 10. Direct labor cost variance 11. Direct labor efficiency variance 12. Total direct labor variance Direct materials cost standard Direct materials efficiency standard Actual amount of fabric purchased and used Actual cost of fabric purchased and used Direct labor cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of direct labor $10.00 per yard of fabric 1.80 yards per shirt 2,370 yards $24,174 $15.00 per DLHO 7.00 DLHr per shirt 9,910 DLHO $146,668 Print Done Print Done Choose from any list or enter any number in the input fields and then click CheckStep by Step Solution
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