Project #70340 - Accounting 543R4

11.18

direct labor variance

Manufacturing company is a joint venture between  U.S. and Chinese firms with an assembly plantlocated in Ningpo on the eastern coarst of china the company's managers expected to produce 20,000 units of product in march. the standard cost for the materials used for 20,000 units is 173,600 yuan and the standard cost per unit is 2.80 yuan per pound. Actual production in march was 19100 units the company purchased and use 57300 pounds of materials costing 163,305 yuan.

A. what was the standard quantity of pounds per uni?

B. What was the direct materials efficiency variance for March?

c. What was the direct materials price variance for March?

Subject Business
Due By (Pacific Time) 05/07/2015 12:00 am
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