Question: do calculations with pen on the copy. Baron Ltd makes a commercial cleaning compound known as Loomp. The direct materials and direct labour standards for

do calculations with pen on the copy.
Baron Ltd makes a commercial cleaning compound known as Loomp. The direct materials and direct labour standards for one unit of Loomp follow a. 9,000kg of materials were purchased at a cost of $5.20 per kg b. All of the material purchased was used to produce 4,000 units of Loomp c. A total of 750 hours of direct labour time was recorded at a total labour cost of $10,425 Required: 1. Compute the direct materials price and quantity variances for the month, please brief describe what the issue the business has. 2. Compute the direct labour rate and efficiency variances for the month please brief describe what the issue the business hasStep by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
