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View Help Morry Games developed a new play station caled AWESOME. Morry Games has a standard cost system to help control its costs. The following
View Help Morry Games developed a new play station caled AWESOME. Morry Games has a standard cost system to help control its costs. The following standards have been established for AWESOME Direct materials 15 grams per AWESOME. Standard direct material cost per AWESOME is $10. Page 4 of 12 BUACC5033 Cost and Management Accounting Semester 1 2020 . Direct labour 12 hours per AWESOME Standard cost of direct labour is $14.40 per AWESOME During May the company produced 9,000 AWESOME units. . Production data for May are Direct materials 165,000 grams were purchased at a cost of $104,000 20,000 grams of this was still in inventory at the end of the month. Direct labour. 11,400 direct labour hours were worked at a cost of $142,500 Required: (a) Calculate Direct materials price and quantity vanances (2.2 = 4 marks) Suggested Answer: (Or, you can use the given excel document to show your work for this question) (b) Calculate Direct labour price and quantity variances (2+2 - 4 marks) Suggested Answer: Cortape toate (Or, you can use the given excel document to show your work for this question) (c) Are the variances computed in (a) and (b) linked? Provide a brief commentary on the variances computed above, including explanations regarding the price and the nuantit variances for rent materials and the nice and the O Focus E
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