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Chapter 21 Homework CI 4. Rood Corp has set the following standard direct materials and direct labor costs per unit for the product it manufactures Director is the per 10 During June the company incurred the following actual costs to produce 8.800 units Det ( 110 per Direct labor 0.100.116.20 ech) 1630,00 418.15 Hofer AH. Actual Hours SH-Standard Hours AR-Actual Rate SR Standard Rate AQ-Acton Quantity SQ - Standard Quantity AP Actu Price SP Standard Price (1) Compute the direct materials price and quanta variances (indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) (2) Compute the direct inberte lance and the direct labore ciency wariance Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) Complete this question by entering your answers in the table. Required Red Comote the direct materials price and quality variances Indicate with each and is favorable or unfavorable AO Bandud Cost Chapter 21 Homework CI 4. Rood Corp has set the following standard direct materials and direct labor costs per unit for the product it manufactures Director is the per 10 During June the company incurred the following actual costs to produce 8.800 units Det ( 110 per Direct labor 0.100.116.20 ech) 1630,00 418.15 Hofer AH. Actual Hours SH-Standard Hours AR-Actual Rate SR Standard Rate AQ-Acton Quantity SQ - Standard Quantity AP Actu Price SP Standard Price (1) Compute the direct materials price and quanta variances (indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) (2) Compute the direct inberte lance and the direct labore ciency wariance Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) Complete this question by entering your answers in the table. Required Red Comote the direct materials price and quality variances Indicate with each and is favorable or unfavorable AO Bandud Cost

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