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ACCOUNTING ACC 202 Princi Chapter 8 Hw Question 6 (of 8) 1.50 points Sonne Company produces a perfume called Whim. The direct materials and direct labor standards for one bottle of Whim are given below Standard Quantity or Standard Price St Hours or Rate Cost Direct materials 7.30 ounces S 2.25 per ounce$16.43 Direct labor 0.65 hours 6.50 per hour S 4.23 During the most recent month, the following activity was recorded a. 16,600 ounces of material were purchased at a cost of $2.05 per ounce b All of the material was used to produce 2.000 bottles of Whim c One thousand two hundred hours of direct labor time were recorded at a total labor cost of $11,400 bll per ounce Required: 1. Compute the direct materials quantity and price variances for the month (Input all amounts as sitive values. Do not round your per unit rates, round other intermediate calculations and your nal answer to nearest whole dollar. Leave no cells blank be certain to enter "O wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e.. zero variance).) Direct materials quantity variance Direct materials price variance 4500 U 3320 F | Search the web and Windows TOSHIB

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