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Required information During June, Danby Company's material purchases amounted to 6 , 8 0 0 pounds at a price of $ 8 . 1 0
Required information During June, Danby Company's material purchases amounted to pounds at a price of $ per pound. Actual costs incurred in the production of units were as follows: The standards for one unit of Danby Company's product are as follows: Required: Compute the directmaterial price and quantity variances, the directmaterial purchase price variance, and the directlabor rate and efficiency variances. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter for no effect ie zero variance Answer is not complete.
Required information
During June, Danby Company's material purchases amounted to pounds at a price of $ per pound. Actual costs
incurred in the production of units were as follows:
The standards for one unit of Danby Company's product are as follows:
Required:
Compute the directmaterial price and quantity variances, the directmaterial purchase price variance, and the directlabor rate and
efficiency variances.
Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter for no effect ie
zero variance
Answer is not complete.
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