Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The direct materials and direct labour standards for one bottle of clean-All spray cleaner are given below. Direct materials Direct labour and Quantit on Hours

image text in transcribed
The direct materials and direct labour standards for one bottle of clean-All spray cleaner are given below. Direct materials Direct labour and Quantit on Hours Millilitres hours Okate 20 per litre $ 12. per hour 5 During the most recent month, the following activity was recorded. a. 22.000 millilitres of material was purchased at a cost of $0.24 per mililitre b. All of the material was used to produce 3.000 bottles of Clean-All c. 725 hours of direct labour time was recorded at a total labour cost of $8.700. Requireet 1. Compute the direct materials price and quantity variances for the month (indicate the effect of each verlance by selecting " favourable, "U" for unfavourable, and "None" for no effect (I.e., zero variance.) for Answer is complete but not entirely correct. $ 1,100F 1.160 X 2.Compute the direct labour rate and efficiency variances for the month (Indicate the effect of each variance by selecting favourable, U for unfavourable, and "None for no effect (Le.zero variance). x Answer is complete but not entirely co 0 None s 2850 X

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Volume 1 And Volume 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

9th Canadian Edition

1119786649, 978-1119786641

More Books

Students also viewed these Accounting questions

Question

=+what you can edit out yet still get the message across.

Answered: 1 week ago

Question

=+3. How could you extend the campaign creatively?

Answered: 1 week ago