The Following Data Pertain to June Operations for the Harley

question 60

Essay

The following data pertain to June operations for the Harley Company: Actual output was 750 units. The Company's per unit standards call for 9 yards of direct material at $9.00 per yard and 3 hours of direct labour at $10.50 per hour.
Required: Compute the price and usage variances for direct material and direct labour.

---

Definitions:

Step-growth

A polymerization process where chains grow by the stepwise reaction between functional groups, leading to high molecular weight polymers.

α-cyanoacrylate

A fast-acting adhesive compound known commonly as super glue, which bonds quickly to surfaces upon contact with moisture.

Poly(methyl α-cyanoacrylate)

A polymer used as a powerful adhesive, commonly referred to as superglue.

Super Glues

Strong, fast-acting adhesives made from cyanoacrylate, used for bonding various materials with excellent strength.