Question: Consider the following data collected for Country Homes, Inc.: Required Compute the price, efficiency, and flexible- budget variances for direct materials and direct manufacturinglabor. Direct

Consider the following data collected for Country Homes, Inc.:


Consider the following data collected for Country Homes, Inc.:



Required
Compute the price, efficiency, and flexible- budget variances for direct materials and direct manufacturinglabor.

Direct Materials $204,000 207,000 Direct Manufacturing Labor $93,000 87,000 82,000 Cost incurred: Actual inputs actual prices Actual inputs x standard prices Standard inputs allowed for actual output x standard prices217,000

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