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question 4 and 5 Amber Company produces non table and chair sets. During October, Amber's costs were as follows $180 perib $ 7,00 per hour
question 4 and 5 Amber Company produces non table and chair sets. During October, Amber's costs were as follows $180 perib $ 7,00 per hour $ 160 perib 920,000 bs Actual purchase price Actual direct labor rate Standard purchase price Standard quarvity for sets produced Standard drect labor hours allowed Actual quantity purchased in October Actual direct bor hours Actual quantity used in October Direct laborate variance 15,000 1,065,000 7,000 950,000 lbs $5,000 F Required: 1. Calculate the total cost of purchases for October Tom Parchet 1.917.000 2. Compute the direct material price variance based on quantity purchased. indicate the effect of each variance by selecting for favorable. "U" for uintaveratie) Orectora $ 213,0000 Price Vrance 3. Calcitore Grect materials quardty ventance based on quantay used. (indicate the effect of each verlance by selecting for favor, ut intoverable) $ 40,00009 Mata Oy Compute the waters and berrietor Occorround your answer to a decimal places) Side 3 62 Laborate 5. Compute the direct labor efficiency variance for October Round your intermediate calculation to decimal places, indicate the test of schwarance by the fortevorable for untavorab Variante
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