question 1.

question 2.

Kanco has a relevant range extending to 31,800 units each month. The following performance report provides information about Kanco's budget and actual performance for June. (Click the icon to view the performance report.) Requirement 1. Find the missing data for letters A-G. Be sure to label any variances as favourable or unfavourable. (Hint: A and B are titles.) Data table Best Guard, which uses a standard cost accounting system, manufactured 220,000 boat fenders during the year, using 1,370,000m of extruded vinyl purchased at $1.30 per metre. Production required 4,400 direct labour hours that cost $15.00 per hour. The materials standard was 6m of vinyl per fender at a standard cost of $1.45 per metre. The labour standard was 0.027 direct labour hour per fender at a standard cost of $14.50 per hour. Compute the price and efficiency variances for direct materials and direct labour. Does the pattern of variances suggest Best Guard's managers have been making trade-offs? Explain