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Question list You are a new junior acoountant at Clearlens Comporation, maker of lenses for eyeglasses. Your compeny sells generic-quality lenses for a moderate price.
Question list You are a new junior acoountant at Clearlens Comporation, maker of lenses for eyeglasses. Your compeny sells generic-quality lenses for a moderate price. Your boss, the controller, has given you the latest month's repor K lena manufackurera for egch lie item in the report. You are Firm A and your closest competitor ia Firm B. (Click thes iton la vikew Ite dialia.) Question 1 Read the requinemente. Question 2 percentages to two decimal places. Due to rounding the total of the peroentages may not equal 100\%.? Question 3 Data table Question 4 Requirements 1. Calculate the total variable cost per unil for each lifm. Compute the percent of total for the material, labor, and variable overhead components. 2. Using Firm B as a benchmark, calculate direct materiels and cirect manulacturing lakar price and ellicience variances for Firm A for one lens
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