Calculate the direct materials price and quantity variances
Huron company produce a commercial cleaning now as Zoom the direct material and direct labor standards for?
direct materials standard quality or hours 4.6 lbs standard price or rate $2.50 per lb Standard cost $11.50 direct labor standard quality or hours 0.2 hours standard price or rate $12.00 per hour Standard cost $2.40 during the month the following activity was recorded; 20.000 lbs of material were purchased @ $2.35 per lb all the material purchased was used to produce 4,000 units of Zoom 750 hours of direct labor time was recorded at a total labor cost of $10,425 compute the direct materials price and quantity variances fr the month Compute the direct labor rate and efficiency variances fir the month.
