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Madzinga's Draperies manufactures curtains. A certain window requires the following: Direct material

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9 years ago

Madzinga's Draperies manufactures curtains. A certain window requires the following: Direct material

Madzinga's Draperies manufactures curtains. A certain window requires the following:

   Direct materials standard   10 square yards at $5 per yard
   Direct manufacturing labor standard   5 hours at $10

During the second quarter, the company made 1,500 curtains and used 14,000 square yards of fabric costing $68,600. Direct labor totaled 7,600 hours for $79,800.

Required:
a.   Compute the direct materials price and efficiency variances for the quarter.
b.   Compute the direct manufacturing labor price and efficiency variances for the quarter.

Textbook

Cost Accounting

Edition: 14^th

Authors: Horngren, Datar, Rajan

Read 736 times

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jerico Author

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9 years ago

This solved my problem perfectly, thank you for your kind input.

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cyborg

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9 years ago

Cool! No problem.

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제드

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3 years ago

Thanks for the answer

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