Jamie Draperies manufactures curtains. To complete a curtain, Jamie requires the following inputs: During the second quarter,

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Jamie Draperies manufactures curtains. To complete a curtain, Jamie requires the following inputs:

During the second quarter, Jamie Draperies made 1,500 curtains and used 14,000 square yards of fabric costing $$68,600.$ Direct manufacturing labor totaled 7,600 hours for \($79,800.

a.\) Compute the direct materials price and efficiency variances for the quarter.

b. Compute the direct manufacturing labor price and efficiency variances for the quarter.

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Horngrens Cost Accounting

ISBN: 978-1292211671

16th Edition

Authors: Srikant Datar, Madhav Rajan

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Question Posted: Apr 12, 2024 11:00 PM

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Jamie Draperies manufactures curtains. To complete a curtain, Jamie requires the following inputs: During the second quarter,

Question:

Direct materials standard: Direct manufacturing labor standard: 10 square yards at $5 per yard 5 hours at $10 per hour

Step by Step Answer:

To compute the direct materials price and efficiency variances we need to compare the actual quantities and costs of materials used with the standard quantities and costs a Direct Materials Variances ...View the full answer

Horngrens Cost Accounting

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