Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 11: Hi, Please answer these. Calculate for product LX-4: (1) the direct materials price variance, and (2) the direct materials efficiency (yield) variance. (Round
Question 11:
Hi, Please answer these.
Calculate for product LX-4: (1) the direct materials price variance, and (2) the direct materials efficiency (yield) variance. (Round answers to the nearest whole dollar, e.g. 5,275.) (1) The direct materials price variance $ 126 Favourable (2) The direct materials efficiency (yield) variance $ 270 Favourable LINK TO TEXT LINK TO TEXT Calculate for product ABC-8: (1) the direct labour rate variance, and (2) the direct labour efficiency variance. (Round answers to the nearest whole dollar, e.g. 5,275.) (1) The direct labour rate variance $ -252 Unfavourable (2) The direct labour efficiency variance $ -324 Unfavourable Calculate for product LX-4: (1) the direct materials price variance, and (2) the direct materials efficiency (yield) variance. (Round answers to the nearest whole dollar, e.g. 5,275.) (1) The direct materials price variance $ 126 Favourable (2) The direct materials efficiency (yield) variance $ 270 Favourable LINK TO TEXT LINK TO TEXT Calculate for product ABC-8: (1) the direct labour rate variance, and (2) the direct labour efficiency variance. (Round answers to the nearest whole dollar, e.g. 5,275.) (1) The direct labour rate variance $ -252 Unfavourable (2) The direct labour efficiency variance $ -324 UnfavourableStep 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