Question: Johnson Inc is a manufacturer of lead crystal glasses The

Johnson, Inc. is a manufacturer of lead crystal glasses. The standard direct ­materials quantity is 0.8 pound per glass at a cost of $ 0.30 per pound. The actual result for one month’s production of 6,900 glasses was 1.1 pounds per glass, at a cost of $ 0.40 per pound. Calculate the direct materials cost variance and the direct ­materials efficiency variance.

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  • CreatedJanuary 16, 2015
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