Question: I need help with my assignment please A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Actual

I need help with my assignment please

I need help with my assignment please A manufactured product has the

A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Actual (5 lbs. @ $7 per lb.) 43,000 lbs. @ $7.10 per lb. (3 hrs. @ $16 per hr.) 25,100 hrs. @ $16.40 per hr. (3 hrs. @ $13 per hr.) $338,400 8,500 Compute the direct materials price variance and the direct materials quantity variance. Indicate whether each variance is favorable or unfavorable. Actual Cost Standard Cost $ 0 $ 0 $ 0 0 PP

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