I just need 2) done. Compute the direct labor rate variance and the direct labor...
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Accounting
I just need 2) done. Compute the direct labor rate variance and the direct labor efficiency variance
During May the company incurred the following actual costs to produce 8,900 units. Direct materiols (135,600 pounds \& $2.80 per pound) Direct labor ( 30,000 hours 2$14,10 per hour) $379,68 423,60 AR= Actual Rate SR= Standard Rate AQ= Actual Quantity SQ = Standard Quantity AP= Actual Price SP= Standard Price (1) Compute the direct materials price and quantity varlances. (2) Compute the direct labor rate varlance and the direct labor efficlency varlance. Complete this question by entering your answers in the tabs below. Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selec Yariance. Round "Rate per hour" ariswers to? decimal places.)
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