Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me fill out this worksheet. please and thank you. 1) The following information describes production activities of the Midtown Carpe Raw materials used
please help me fill out this worksheet. please and thank you.
1) The following information describes production activities of the Midtown Carpe Raw materials used 16,000 lbs. at $4.05 per lb. Factory payroll 5,545 hours for a total of $72,085 30,000 units were completed duming the year Budgeted standards for each unit produced 1/2 lb. of raw material at $4.15 per lb. 10 minutes of direct labor at $12.50 per hour Compate A The direct materials price and quantity B. The direct labor rate and efficiency vanances, C Indicate whether each variance is favorable ar unfavorable + AQAC AQSC SH SC Material costvariance Material usagefeffidency) variance Total Variance AQAC AQSC 50. SC Labor rate variance labor usage(efficiency variance Total Variante Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started