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Author Question: Nancy's Draperies manufactures curtains. A certain window curtain requires the following: Direct ... (Read 254 times)

lunatika

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

Direct materials standard10 square yards at $5 per yard
Direct manufacturing labor standard5 hours at $10
 
During the second quarter, the company made 1,500 curtains and used 14,000 square yards of fabric costing $72,000. Direct labor totaled 7,600 hours for $83,600. 

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. 


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Marked as best answer by lunatika on Mar 6, 2021

snackralk

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