A manufactured product has the following Information for June. Standard 6 Ibs. $9 per lb. 2...
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A manufactured product has the following Information for June. Standard 6 Ibs. $9 per lb. 2 hes. $16 per hr. 2 hrs. $12 per hr. Actual Direct naterials Direct labor Overhead Units manufactured 45,400 lbs. e $9.10 per lb. 14,700 hes. $16.40 per hr. $186, 700 7,500 Compute the direct materials price varlance and the direct materials quantity varlance. (Indicate the effect of eech verience by selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) AQ- Actual Quantity SQ - Standard Quantity AP Actual Price SP- Standard Price Actual Cost Standard Cost AQ A manufactured product has the following Information for June. Standard 6 Ibs. $9 per lb. 2 hes. $16 per hr. 2 hrs. $12 per hr. Actual Direct naterials Direct labor Overhead Units manufactured 45,400 lbs. e $9.10 per lb. 14,700 hes. $16.40 per hr. $186, 700 7,500 Compute the direct materials price varlance and the direct materials quantity varlance. (Indicate the effect of eech verience by selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) AQ- Actual Quantity SQ - Standard Quantity AP Actual Price SP- Standard Price Actual Cost Standard Cost AQ
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Standard Rate of Direct Labor 16 per Hour Standard Usage 78002 15... View the full answer
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