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Submit 16 Chemlink Inc. uses a standard cost system to account for the costs of its production of Chemical X Standards are 24 gallons of
Submit 16 Chemlink Inc. uses a standard cost system to account for the costs of its production of Chemical X Standards are 24 gallons of materials at $115 per gallon and 20 hours of labor at a standard wage rate of $22. During September, Chemlink produced 2,950 gallons of Chemical X. Chemlink purchased and used totaled 3,670 gallons at a total cost of $425,180. Actual direct labor cost totaled $312.730 for 25,930 hours worked a. Calculate the direct materials price variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (.e., zero variance)) 482 point 8 00:43:30 Pro Varance Spoed b. Calculate the direct materials quantity variance (Indicate the effect of variance by selecting "Favorable" Unfavorable", or "None" for no effectie., zero variance).) Oy Varance 16 4 B2 points c. Calculate the direct labor rate variance (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable": "Unfavorable", or "None" for no effect (le, zero variance).) 00:49:29 Rote Variance Depped d. Calculate the direct labor efficiency variance (Indicate the effect of variance by selecting "Favorable", "Unfavorable" or "None" for no effect (.e., zero variance).) Efficiency Variance
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