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Information for a company's production activities for this year follows. Standard quantity and price...

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Accounting

Information for a company's production activities for this year follows.
Standard quantity and price per unit for direct materials
Standard quantity and rate per unit for direct labor
Actual direct materials used
Actual direct labor used
Actual units produced
AH= Actual Hours
SH= Standard Hours
AR= Actual Rate
SR= Standard Rate
AQ= Actual Quantity
SQ= Standard Quantity
AP= Actual Price
SP= Standard Price
3 pounds at $4.00 per pound
2 hours at $46.00 per hour
36,200 pounds at $4.05 per pound
19,540 hours at $46.10 per hour
10,040 units
2 hours at $46.00 per hour 36,200 pounds at $4.05 per pound 19,540 hours at $46.10 per hour 10,040 units
Complete this question by entering your answers in the tabs below.
Required 2
Calculate the direct materials price and quantity variances. Indicate whether each is favorable or unfavorable.
Note: Indicate the effect of each variance by selecting favorable, unfaworable, or no variance.
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Complete this question by entering your answers in the tabs below. Complete this question by...