I need help with all requirements Sharp Company manufactures a product with the...
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I need help with all requirements
Sharp Company manufactures a product with the following standards: During March, the company purchased direct materials for $45,180, all of which were used in the production of 2,290 units. In addition, 4,700 direct labor-hours were worked on the product during the month. The cost of this labor time was $32,900. The following variances have been computed for the month: Required: 1. For direct materials: a. Compute the actual cost per foot of materials for March. b. Compute the price variance and the spending variance. 2. For direct labor: a. Compute the standard direct labor rate per hour. b. Compute the standard hours allowed for the month's production. c. Compute the standard hours allowed per unit of product
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