Question: Please answer and show all steps for me will give thumbs up thanks Question Never Scores manufactured 20,000 hockey sticks during March for a Toronto
Please answer and show all steps for me will give thumbs up thanks
Question Never Scores manufactured 20,000 hockey sticks during March for a Toronto team in its plant. Actual records indicated the following: \begin{tabular}{|l|c|c|r|r|r|} \hline Direct labour & 450 & hours & $ & 14.00 & per hour \\ \hline Direct material purchased & 145,000 & feet & $ & 1.05 & per foot \\ \hline Direct material used & 144,000 & feet & & & \\ \hline \end{tabular} Each hockey stick has the following standard prime costs: Required: In the spaces provided below, calculate each of the following four variances for Never Scores. Show all calculations. 1) The Material Price Variance is: $7,250 2) The Material Usage Variance is: $(4,400) 3) The Direct Labour Rate Variance is: (450) 4) The Direct Labour Efficiency Variance is: $650
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