Orion Corporation has established the following standards for the prime costs of one unit of...
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Accounting
Orion Corporation has established the following standards for the prime costs of one unit of its chief product, dartboards.
During June, Orion purchased pounds of direct material at a total cost of $ The total wages for June were $ percent of which were for direct labor. Orion manufactured dartboards during June, using pounds of the direct material purchased in June and directlabor hours.
Required:
Compute the following variances for June.
Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "Favorable" or "Unfavorable".
Select "None" and enter O for no effect ie zero variance
Answer is complete but not entirely correct.
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