What is the net effect of processing further all three products? What is the optimum strategy? What is the expected cash collection of sales in October? The Violet Company makes mugs for which the following standards have been developed: Production of 400 mugs was expected in July, but 440 mugs were actually completed. Directly materials purchased and used were 2,100 ounces at an actual price of $2.30 per ounce. Direct labor cost for the month was $5,310, and the actual pay per hour was Calculate: The direct materials variances The direct labor variances What is the net effect of processing further all three products? What is the optimum strategy? What is the expected cash collection of sales in October? The Violet Company makes mugs for which the following standards have been developed: Production of 400 mugs was expected in July, but 440 mugs were actually completed. Directly materials purchased and used were 2,100 ounces at an actual price of $2.30 per ounce. Direct labor cost for the month was $5,310, and the actual pay per hour was Calculate: The direct materials variances The direct labor variances