A bhaliya The standards for one case of liquid weed killer are as follows:Direct materialsDirect labor9.00 pound @ $11.25 per pound5.40 hour @ $24.00 per hour1.80 hour @ $8.25 per hourVariable overhead (based onmachine hours)During the week ended May 6, the following activity took place:5,848 machine hours were worked.31,088 pound of raw material were purchased for inventory at a total cost of $356,890.3,420 cases of finished product were produced.30,622 pound of raw material were used.18,062 labor hours were worked at an average rate of $24.38 per hour.$46,550 actual variable overhead costs were incurred.Required:Calculate each of the following variances.Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" forunfavorable, and "None" for no effect (i.e., zero variance).a. Price variance for raw materials purchased.b. Raw materials usage variance.c. Direct labor rate variance.

Name: A bhaliya The standards for one case of liquid weed killer are as foll
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: A bhaliya The standards for one case of liquid weed killer are as follows:Direct materialsDirect labor9.00 pound @ $11.25 per pound5.40 hour @ $24.00 per hour1.80 hour @ $8.25 per hourVariable overhead (based onmachine hours)During the week ended May