Deluxe Fender, which uses a standard cost system, manufactured 20.000 boat fenders during 2024, using...
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Deluxe Fender, which uses a standard cost system, manufactured boat fenders during using square feet of extruded vinyl purchased at $ per square foot. Production required direct labor hours that cost $ per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $ per square foot. The labor standard was direct labor hour per fender, at a standard cost of $ per hour.
Compute the cost and etticiency variances for direct materials and direct labor.
Does the pattern of variances suggest Deluxe Fender's managers have been making tradeoffs? Explain
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