Ferry chemical uses a standard cost system to account for the costs of...
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Accounting
Ferry chemical uses a standard cost system to account for the costs of its production of chemical x Standards are gallons of materials ar $ per gallon and hours of labor at a standard wage rate of $ During september ferry chemical produced gallons of chemical x Ferry chemical purchased and used gallons of materials at a total cost of payroll totaled for hours worked.
Calculate the direct materials price variance
Calculqte the direct materials quantity variance
Calculate the direct labor rate variance
Calculate the direct labor efficiency variance
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