Find : 1- Direct Material Price Variance 2- Direct Material Efficiency Variance 3-Direct Material flcible Budget Variance 4-Journal entry

Activity 7:30 Materials and manufacturing labor variances, standard costs. Dures, Inc. is a privately held forniture manufacturer. For August 2017Dunn Bad the following standards for one of product, a wicket chair Standards per Chair Direct materials 2 yers of ingut persone yard Direct manufacturing labor 0.5 hour of input at $10 per hour The following data were compiled regarding actual performance actual output units (chair produced 2.000 arvates of input purchased and used. 2,700 price per square yail S 10, direct mandacturing labor cost, 2120, act out of input, 900, labor price per hour 530 1. Show computations of price and efficiency variances to direct materials and direct manufacturing labat. Give a usillanation of Wych variante sur Activity 7:30 Materials and manufacturing labor variances, standard costs. Dures, Inc. is a privately held forniture manufacturer. For August 2017Dunn Bad the following standards for one of product, a wicket chair Standards per Chair Direct materials 2 yers of ingut persone yard Direct manufacturing labor 0.5 hour of input at $10 per hour The following data were compiled regarding actual performance actual output units (chair produced 2.000 arvates of input purchased and used. 2,700 price per square yail S 10, direct mandacturing labor cost, 2120, act out of input, 900, labor price per hour 530 1. Show computations of price and efficiency variances to direct materials and direct manufacturing labat. Give a usillanation of Wych variante sur