Score: 0.04 of 1 pt 2 of 3 (3 complete) HWS %E7-28 (similar to) Betty May, Inc. designs and manufactures fleece quarter-zip jackets. It solito cats to brand name (Click the icon to view the data.) (Click the loon to view additional information) Read the requirements Requirements 1. Calculate the direct materials and direct manufacturing labor price and efficiency variances in May 2017 What is the total flexible-budget variance for both inputs (direct materials and direct manufacturing labor) combined? What percentage is this variance of the total cost of direct materials and direct manufacturing labor in the ble budget? 2. Comment on the May 2017 results. Would you continue the experiment of using the new material? Requirement 1. Calculate the direct materials and direct manufacturing labor price and efficiency vari percentage in this variance of the total cost of direct materials and direct manufacturing labor in the flere Begin by calculating the direct materials and direct manufacturing labor price and efficiency varianos och variance as favorable or unfavorable. (Round all answers to the nearest cent) Actual Price Actual Input Oy May 2017 Results Variance Budgeted Price Units Bulac fax Print Done Direct materials Direct labor 500 More Info State Budget Number of jackets (lot) Per Lot of Jackets Duct more Director Actual Real Nurofed Total 14 yards at $130 per yard $18.20 23 hours at S7 30 per hour $17.94 025 Betty May has a policy of analyzing all was when they add to more that of the cost of materials and boring and in May 2017. The production manager of "A new type of me was purchased in May This doing and sewing, but the worland more than they came to work with For now, the standards are the Danbor 10.000 yds at $150 per yard - 515,000.00 1.313 hours at $7.90 per hour $10.372.70 Print Done Pent Done Score: 0.04 of 1 pt 2 of 3 (3 complete) HWS %E7-28 (similar to) Betty May, Inc. designs and manufactures fleece quarter-zip jackets. It solito cats to brand name (Click the icon to view the data.) (Click the loon to view additional information) Read the requirements Requirements 1. Calculate the direct materials and direct manufacturing labor price and efficiency variances in May 2017 What is the total flexible-budget variance for both inputs (direct materials and direct manufacturing labor) combined? What percentage is this variance of the total cost of direct materials and direct manufacturing labor in the ble budget? 2. Comment on the May 2017 results. Would you continue the experiment of using the new material? Requirement 1. Calculate the direct materials and direct manufacturing labor price and efficiency vari percentage in this variance of the total cost of direct materials and direct manufacturing labor in the flere Begin by calculating the direct materials and direct manufacturing labor price and efficiency varianos och variance as favorable or unfavorable. (Round all answers to the nearest cent) Actual Price Actual Input Oy May 2017 Results Variance Budgeted Price Units Bulac fax Print Done Direct materials Direct labor 500 More Info State Budget Number of jackets (lot) Per Lot of Jackets Duct more Director Actual Real Nurofed Total 14 yards at $130 per yard $18.20 23 hours at S7 30 per hour $17.94 025 Betty May has a policy of analyzing all was when they add to more that of the cost of materials and boring and in May 2017. The production manager of "A new type of me was purchased in May This doing and sewing, but the worland more than they came to work with For now, the standards are the Danbor 10.000 yds at $150 per yard - 515,000.00 1.313 hours at $7.90 per hour $10.372.70 Print Done Pent Done