146. Calculate the direct materials price and quantity variances and indicate whether each is favorable or unfavorable.
147. Prepare the journal entry to record the direct materials purchases and the issuance of direct materials into production.
148. Falcon Company's output for a period was assigned the standard direct labor cost of $17,160. If the company had a favorable direct labor rate variance of $1,000 and an unfavorable direct labor efficiency variance of $275, what was the total actual cost of direct labor incurred during the period?
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