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San Diego State University Operations And Supply Chain Management Assignment Help - Select command

Question - During June, Danby Company's material purchases amounted to 6,600 pounds at a price of $7.9 per pound. Actual costs incurred in the production of 2,300 units were as follows: Direct labor: $131,835 ($18.7 per hour) Direct material: $37,920 ($7.9 per pound) The standards for one unit of Danby Company's product are as follows: Direct labor: Direct material: Quantity, 3 hours per unit Quantity, 2 pounds per unit Rate, $18.6 per hour Price, $7.6 per pound Required: Compute the direct-material price and quantity variances and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable. Direct-material price variance $ (Click to select)UnfavorableNoneFavorable Direct-material quantity ...Read More

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