Question: The direct materials and direct labour standards for one bottle of Clean-All spray cleaner are given below. Direct materials Direct labour Standard Quantity or Hours


The direct materials and direct labour standards for one bottle of Clean-All spray cleaner are given below. Direct materials Direct labour Standard Quantity or Hours 6.0 millilitres 0.3 hours Standard Price or Rate $ 9.34 per millilitre $ 12.00 per hour Standard Cost $ 2.84 $ 3.60 During the most recent month, the following activity was recordar a. 30.000 mililitres of material was purchased at a cost of $0.29 per millilitre. b. All of the material was used to produce 3.000 bottles of Clean-All. c. 775 hours of direct labour time was recorded at a total labour cost of $9,300, Requirect 1. Compute the direct materials price and quantity variances for the month (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (.o., zero variance).) Materials pode variance Materiais quantity variance 2. Compute the direct labour rate and efficiency variances for the month (Indicate the effect of each varlance by selecting "p" for favourable, "U" for unfavourable, and "None" for no effect (1.e. zero varlance).) Laboutate variance Labour oficiency vanance The direct materials and direct labour standards for one bottle of Clean-All spray cleaner are given below. 2 Direct materials Direct Labour Standard Quantity or Hours 5.0 willilitres 2.2 hours Standard Price or Rate $ 0.33 per will litres $ 12.00 per hour Standard Cost $ 1.65 5. 2.40 10 points Det During the most recent month, the following activity was recorded a 29.500 mililitres of material was purchased at a cost of $0.28 per millie b. The company produced only 2000 bottles, using 25,500 mililitres of material (The rest of the material purchased remained in raw materials inventory) c. 750 hours of direct labour time was recorded at a total labour cost of $9.000, Requirect Compute the direct materials price and quantity variances for the month (Indicate the effect of rach variance by selecting "F* for favourable. "U" for unfavourable, and "None" for no effect (le, zero variance).) Material price range a quantity variance
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