Shamrock Manufacturing Company uses a standard cost system in accounting for the cost of its...
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Shamrock Manufacturing Company uses a standard cost system in accounting for the cost of its main product. The following standards have been established for the direct manufacturing costs per unit: Budgeted cverhead for the morth o: April based on expected activity of direct labour hours is as follows: Overhead is applied based on labour hours. The average activity per month is direct labour hours. The company calculates overhead rates based on average activity. Results for the month of April are as follows: a Calculate the direct materials price, usage, and budget variances. Direct materials price variance $ Direct materials usage variance $ There was no beginning or ending work in process inventory Total materials budget variance 
Shamrock Manufacturing Company uses a standard cost system in accounting for the cost of its main product. The following
standards have been established for the direct manufacturing costs per unit:
Budgeted cverhead for the morth o: April based on expected activity of direct labour hours is as follows:
Overhead is applied based on labour hours. The average activity per month is direct labour hours. The company calculates
overhead rates based on average activity. Results for the month of April are as follows:
a
Calculate the direct materials price, usage, and budget variances.
Direct materials price variance
$
Direct materials usage variance $
There was no beginning or ending work in process inventory
Total materials budget variance
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