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. Standort ger Cha 2 yurts of vous seres Dinic mandatin The following second to 2400 per rey, 5630, mandong commodo Las barje by Seming the formularios to come n = * % 5 3 & 7 2 6 8 9 W E R. T Y U 0 P S D F G Domics, Inc. is a privately held furniture manufacturer. For August 2014, Damico had the following standards for one of its products, a wicker chair; Standards per Chair Din materials 2 square yards of input at $ 5.60 per square yard Direct manufacturing labor 0.5 hour of input at $ 10.30 per hour The following data were compiled regarding actual performance actual output units (chairs) produced, 2,400 square yards of input purchased and used 4,400, price per square yard, $6.80, direct manufacturing labor costs $9,999, actual hours of input, 990, labor price per hour, 510.10 Read the moments 990 10.30 10197 Determine the formule and calculate the costs for the flexible budget. Budgeted input for actual output Budgeted price Flexible budget cost Direct materials Direct manufacturing labor Now compute the price and efficiency variances for direct materials and direct manufacturing labor Labelcach variance as favorable (F) or unfavorable (U). Price Efficiency variances variances Direct materials Direct manufa Recuirements X Choose from any list or enter any number in the input fields and then continue to the next question Honor Shield Chego Math Solver 18 w MacBook Air Damice, Inc. is a privately held fumiture manufacturer. For August 2014, Damico had the following standards for one of its products, a wicker chair. Standards per Chair Direct materials 2 square yards of input at $ 5.60 per square yard Direct manufacturing labor The following data were compiled reg * Requirements purchased and used, 4- per square yard, $5.80, direct manuf Read the regugments 1. Show computations of price and efficiency variances for direct materials and Direct manufacturing labor direct manufacturing labor. Give a plausible explanation of why each variance 10197 occurred. Determine the formula and calculate 2. Suppose 6,900 square yards of materials were purchased (at $5.80 per square yard). even though only 4,400 square yards were used. Suppose further that Budge variances are identified at their most timely control point accordingly, direct Direct materials materials price varances are isolated and traced at the time of purchase to the purchasing department rather than to the production department. Compute the Direct manufacturing labor price and efficiency variances under this approach Now compute the price and efficien Ho (F) or unfavorable (U). Print Done Direct materials Choose from any list or enter any number in the input fields and then continue to the next question. Honor Shield Chegg Math Solver 18 Pew Book Air