Chrome File Edit View History Bookmarks Profiles Tab Window Help 1 7 Q Sun Nov 26 6:35 PM ... i Content x M Question 2 - CH10 Homework X Home - YouTube TV 41 X + - > C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.co... GQ * Update CH10 Homework i Saved Help Save & Exit Submit Check my work 2 Problem 10-39 Direct-Material and Direct-Labor Variances (LO 10-1, 10-3) 7 Orion Corporation has established the following standards for the prime costs of one unit of its chief product, dartboards. points Standard Quantity Standard Price or Rate Standard Cost Direct material 8. 00 pounds $1. 75 per pound $14 . 00 Direct labor 0. 25 hour $8 . 00 per hour 2.00 Total $ 16 . 00 Book During June, Orion purchased 160,000 pounds of direct material at a total cost of $304,000. The total wages for June were $42,000, Print 90 percent of which were for direct labor. Orion manufactured 19,000 dartboards during June, using 142,500 pounds of the direct material purchased in June and 5,000 direct-labor hours. In Required: References Compute the following variances for June. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance).) 1. Direct-material price variance 2. Direct-material quantity variance 3. Direct-material purchase price variance 4. Direct-labor rate variance 5. Direct-labor efficiency variance Mc Graw Hill NOV 1 52 26 "tv W zoom