Norwalk Enterprises manufactures insulated cold beverage cups printed with college and corporate logos, which it distributes nationally in lots of 12 dozen cups. In June, Norwalk

produced 4,500 lots of its most popular line of cups, the 24-ounce lidded tumbler, at each of its two plants, which are located in Platinum and Augusta. The production manager,

Amelia Bourque, asks her assistant, Nick Fleming, to find out the precise per-unit budgeted variable costs at the two plants and the variable costs of a competitor, Clement Farm,

who offers similar-quality tumblers at cheaper prices. Fleming pulls together the following information for each lot:

What is the budgeted variable cost per lot at the Platinum Plant, the Augusta Plant, and at Clement Farm?

Using the Clement Farm data as the standard, calculate the direct materials and direct manufacturing labor price and efficiency variances for the Platinum and

Augusta plants.

	Actual Costs Incurred	Price Variance	Unfavorable/Favourable	Actual input Qty X Budgeted Price	Efficiency Variance	Unfavorable/Favourable	Flexible Budget
Lots
Direct Material
Direct Labour