The drop-down menu for part a and c are favorable, unfavorable, or neither

The drop-down menu for part b and d are accounts payable, cost of goods sold, labor efficiency variance, labor rate variance, material price variance, material quantity variance, oh spending variance, raw material inventory, ooh efficiency variance, volume variance, wages payable, and work in process inventory

DM & DL variances, journal entries Madzinga's Draperies manufactures curtains. Curtain #4571 requires the following: Direct material standard 10 square yards at $5 per yard Direct labor standard 5 hours at $10 per hour During the second quarter, the company purchased 10,200 square yards at a cost of $49,980 and used 9,900 square yards to produce 900 Curtain #4571s. Direct labor totaled 4,560 hours for $47,880. a. Compute the material price and usage variances. Note: Do not use a negative sign with your answers. Material price variance $ 0 Material quantity variance $ 0 b. Prepare the journal entries for the purchase and use of direct material. Note: Round amounts to the nearest whole dollar. Note: Record any multiple debits or any multiple credits in alphabetical order by account name. Account Debit Credit 0 0 0 0 To record material price variance 0 0 0 0 To record material quantity variance c. Compute labor rate and labor efficiency variances. Note: Do not use a negative sign with your answers. Note: Round your final answer to the nearest whole dollar. Labor rate variance 0 Labor efficiency variance $ Total labor variance $ 0 d. Prepare the journal entry to accrue direct labor cost and record the labor variances for the quarter. Account Debit 0 0 0 0 0 . 0 0 To record labor variances Credit