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Please review my answer and provide answers. [The following information applies to the questions displayed below.) A manufactured product has the following information for June.
Please review my answer and provide answers.
[The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $12 per DLH Actual Results 48,580 pounds @ $8.10 per pound 15,780 hours @ $16.50 per hour $ 198,990 8,000 units Compute the (1) direct materials price variance and (2) direct materials quantity variance. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no verlance. Round "Cost per unlt" answers to 2 declmal places.) AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Answer is not complete. Actual Cost Standard Cost AQ AP AQ SP sa SP $ 0 $ S Direct materials price variance Direct materials quantity variance OO OStep by Step Solution
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