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two different problemes. need help woth both Parker Plastic, Incorporated, manufactures plastic mats to use with roling office chairs. Its standard cost information for last
two different problemes. need help woth both Parker Plastic, Incorporated, manufactures plastic mats to use with roling office chairs. Its standard cost information for last yeat follows: Parker Plastic had the following actual results for the past year: Required: Calculate Parker Plastic's direct labor rate and efficiency variances. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero variance). Parker Plastic, Incorporated, manufactures plastic mats to use with roliting office chairs. its standard cost information for iast year foliows: Parker Plastic had the following actual results for the past year: Required: Calculate Parker Plastic's direct materials price and quantity variances. Notes Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero variance)
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