Question: someone please solve it as soon as possible i need the answers by 3pm For problems 2, 3, 4, 5, you do not have to

someone please solve it as soon as possible i need the answers by 3pm someone please solve it as soon as possible i need the answers

For problems 2, 3, 4, 5, you do not have to use the formula approach. You may use the 3 column (for 2,3) and 4 column (for 4,5) approach found in my notes and textbook. PROBLEM 2 The following data relate to product no. 79 of Denver Corporation: Direct material standard: 3 square feet at $2.50 per square foot Direct material purchased: 30,000 square feet at $2.60 per square foot Direct material used: 29,200 square feet Manufacturing activity: 9,600 units completed Compute all standards &variances. Show all computations. Prepare all journal entries using standard costing. Hint: You must have separate computations for purchase and usage at AQxSP

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