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Sunland Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Overtieat is applied on the basis of
Sunland Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Overtieat is applied on the basis of standard machine hours. Three hours of iachine time are required for each direct labor hour. The Jobs were sold far $498,000 Silling and adminietrative expensos wore 537,900 Assume that the amount at raw materialy purchased equaled the amount used Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit volues to 2 decimal ploces, eg. 52.75 and final answers to 0 decimpl ploces, es. 52.) (1) Totalmaterials variance Materialsprice variance Materials quantity variance (2) Total laborvariance 5 Libor quantity variance 5 Sunland Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Overtieat is applied on the basis of standard machine hours. Three hours of iachine time are required for each direct labor hour. The Jobs were sold far $498,000 Silling and adminietrative expensos wore 537,900 Assume that the amount at raw materialy purchased equaled the amount used Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit volues to 2 decimal ploces, eg. 52.75 and final answers to 0 decimpl ploces, es. 52.) (1) Totalmaterials variance Materialsprice variance Materials quantity variance (2) Total laborvariance 5 Libor quantity variance 5
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