Question: #3 every box outlined in blue needs filled in ! Required Information [The following information applies to the questions displayed below.] A manufactured product has

#3 every box outlined in blue needs filled in ! Required Information

every box outlined in blue needs filled in

! Required Information [The following information applies to the questions displayed below.] A manufactured product has the following Information for June. Standard Quantity and Cost 6 pounds @ $7 per pound 2 DLH @ $16 per DLH 2 DLH@ $12 per DLH Direct materials Direct labor Overhead Units manufactured AH Actual Hours SH= Standard Hours AR Actual Rate SR Standard Rate Compute the (1) direct labor rate variance and (2) direct labor efficiency varlance. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Rate per hour" answers to 2 decimal places.) Actual Cost S 0 S Actual Results 43,000 pounds @ $7.10 per pound 13,800 hours @ $16.60 per hour $177,100 0 0 7,100 units COLD.DE S 0 Standard Cost

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