(d) DRS Manufacturing has the following standards for one of its products:[DRS Manufacturing mempunyai standad berikut untuk salah satu produknya:]Table 9: Production Costs[Jadual 9: Kos-kos Pengeluaran]Direct materials (2 meter @ RM5)Direct labor (0.5 hour @ RM10)RM10RM5During the most recent year, the following actual results were recorded:[Pada tahun terakhir, hasil sebenar berikut direkodkan:]Table 10: Production Costs[Jadual 10: Kos-kos Pengeluaran]6,000 unitsProductionDirect materials (11,750 meter purchased and used) RM61,100Direct labor (2,900 hours)RM29,580Required:(Dikehendaki:]Interpret the materials price and usage variances.[Tafsirkan varian harga dan penggunaan bahan-bahan.](ii)Interpret the labor rate and efficiency variances.[Tafsirkan varian kadar buruh dan kecekapan.]

Variances are calculated in order to compare the actual result with the standard set.

(d) DRS Manufacturing has the following standards for one of its products: [DRS Manufacturing mempunyai standad berikut untuk salah satu produknya:] Table 9: Production Costs Jadual 9: Kos-kos Pengeluaran] Direct materials (2 meter @ RM5) Direct labor (0.5 hour @ RM10) RM10 RM5 During the most recent year, the following actual results were recorded: [Pada tahun terakhir, hasil sebenar berikut direkodkan:]

(d) DRS Manufacturing has the following standards for one of its products: [DRS Manufacturing mempunyai standad berikut untuk salah satu produknya:] Table 9: Production Costs Jadual 9: Kos-kos Pengeluaran] Direct materials (2 meter @ RM5) Direct labor (0.5 hour @ RM10) RM10 RM5 During the most recent year, the following actual results were recorded: [Pada tahun terakhir, hasil sebenar berikut direkodkan:]

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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