Data Table compute the cost va ost Acte Tance. nd compute the efficient le (U) Direct materials cost standard Direct materials efficiency standard Actual amount of fabric purchased and used Actual cost of fabric purchased and used Direct labor cost standard Direct labor efficiency standard Actual amount of direct labor hours $4.00 per yard of fabric 2.30 yards per shirt 2,840 yards $12,354 $14.00 per DLHT 7.50 DLHr per shirt 9,900 DLHO $134, 145 n click Check Answer Actual cost of direct labor te the cost i Requirements Calculate the following variances: 7. Direct materials cost variance 8. Direct materials efficiency variance 9. Total direct materials variance 10. Direct labor cost variance 11. Direct labor efficiency variance 12. Total direct labor variance ate the effici U. Print Done neck Answer Clear All O 7. Calculate the direct materials cost variance. Select the formula, then enter the amounts and compute the cost variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). Actual Cost Standard Cost Actual Quantity Direct Matenals Cost Variance $ 4.35 $ 4.00 2,840 $ 994 8. Calculate the direct materials efficiency variance Select the formula, then enter the amounts and compute the efficiency variance for direct materials and identify whether the variance is favorable () or unfavorable ( Direct Materials Elliciency Variance Choose from any drop-down list and then click Check Answer 7 parts remaining Clear All Data Table compute the cost va ost Acte Tance. nd compute the efficient le (U) Direct materials cost standard Direct materials efficiency standard Actual amount of fabric purchased and used Actual cost of fabric purchased and used Direct labor cost standard Direct labor efficiency standard Actual amount of direct labor hours $4.00 per yard of fabric 2.30 yards per shirt 2,840 yards $12,354 $14.00 per DLHT 7.50 DLHr per shirt 9,900 DLHO $134, 145 n click Check Answer Actual cost of direct labor te the cost i Requirements Calculate the following variances: 7. Direct materials cost variance 8. Direct materials efficiency variance 9. Total direct materials variance 10. Direct labor cost variance 11. Direct labor efficiency variance 12. Total direct labor variance ate the effici U. Print Done neck Answer Clear All O 7. Calculate the direct materials cost variance. Select the formula, then enter the amounts and compute the cost variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). Actual Cost Standard Cost Actual Quantity Direct Matenals Cost Variance $ 4.35 $ 4.00 2,840 $ 994 8. Calculate the direct materials efficiency variance Select the formula, then enter the amounts and compute the efficiency variance for direct materials and identify whether the variance is favorable () or unfavorable ( Direct Materials Elliciency Variance Choose from any drop-down list and then click Check Answer 7 parts remaining Clear All