During the month of July, Collin's employees gave 380 baths. The actual results were 740 ounces...
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During the month of July, Collin's employees gave 380 baths. The actual results were 740 ounces of shampoo used (cost of $259.00), 6.800 gallons of water used (cost of $544), and labor costs for 320 hours (cost of $3,840). Required: 1. Calculate Suds & Cuts, direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds & Cuts, direct labor variances for the month of July. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Suds & Cuts, direct labor variances for the month of July. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Round your answers to nearest dollar amount. Direct Labor Rate Variance Direct Labor Efficiency Variance During the month of July, Collin's employees gave 380 baths. The actual results were 740 ounces of shampoo used (cost of $259.00), 6.800 gallons of water used (cost of $544), and labor costs for 320 hours (cost of $3,840). Required: 1. Calculate Suds & Cuts, direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds & Cuts, direct labor variances for the month of July. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Suds & Cuts, direct labor variances for the month of July. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Round your answers to nearest dollar amount. Direct Labor Rate Variance Direct Labor Efficiency Variance
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Answer rating: 100% (QA)
Answer 1 Shampoo Water Direct Material Price Variance 3700 U 20400 U Direct Material Quantity Varian... View the full answer
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date:
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