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These are two questions I am not sure how to do. If anyone could please help that would be great! For the current period, Kayenta
These are two questions I am not sure how to do. If anyone could please help that would be great!
For the current period, Kayenta Company's manufacturing operations yield a $6,000 unfavorable direct materials price variance. The actual price per pound of material is $85; the standard price is $84.50 per pound. How many pounds of material were used in the current period? Actual pounds used pounds The following information describes a company's direct labor usage in a recent period. Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) Standard direct labor rate per hour (SR) Standard direct labor hours for units produced (SH) 62,000 $ 15 $ 13 63,500 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance. Actual Cost Standard $ 0 $ 0 $ 0 0 company's direct labor usage in a recent period. AH) ir (AR) lour (SR) units produced (SH) 62,000 $ 15 $ 13 63,500 iciency variances for the period and classify each as favorable, unfavorable or Standard Cost $ 0 $ 0 $ 0 0Step by Step Solution
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