eBook Calculator Materials and Labor Variances Deporte Company produces single-colored t-shirts.Materials for the shirts are...
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eBook Calculator Materials and Labor Variances Deporte Company produces single-colored t-shirts.Materials for the shirts are dyed in large vats. After dying the materials for a given color, the va must be cleaned and prepared for the next batch of materials to be colored. The following standards for changeover for a given batch have been established Direct materials (2.4 lbs.$0.95) Direct labor (0.75 hr. $7.40) Standard prime cost During the year, 79,500 pounds of material were purchased and used for the changeover $2.28 5.55 $7.83 activity. There were 30,000 batches produced, with the following actual prime costs: %) Direct mahrials $63,000 169,920 (for 22,450 hrs) Direct labor Required: Compute the materials and labor variances associated with the changeover activity, labeling each variance asvorable or unavorable Material Variances Favorable v Price variance unfavorable Usage variance Labor Variances Previous Next Check My Wark
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