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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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9 years ago
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

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
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#1
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9 years ago
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jerico Author
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#2
9 years ago
This solved my problem perfectly, thank you for your kind input.
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#3
9 years ago
Cool! No problem.
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#4
3 years ago
Thanks for the answer
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