Examlex

Solved

Glenn's Draperies Manufactures Curtains

question 129

Essay

Glenn's Draperies manufactures curtains.A certain window requires the following:
Direct materials standard is 10 square metres at $5 per metre
Direct manufacturing labour standard is 5 hours at $10
During the second quarter the company made 1,500 curtains and used 14,000 square metres of fabric costing $68,600.Direct labour totaled 7,600 hours for $79,800.Required:
a.Compute the direct materials price and efficiency variances for the quarter.
b.Compute the direct manufacturing labour rate and efficiency variances for the quarter.


Definitions:

Taboo

Culturally prescribed avoidances involving ritual prohibitions, which, if not observed, lead to supernatural punishment.

Largest Religion

The religion with the greatest number of followers or adherents worldwide at a given time.

Nature

The phenomena of the physical world collectively, including plants, animals, landscapes, and other features and products of the earth, as opposed to humans or human creations.

Worldview

The overarching set of beliefs, values, and perceptions through which an individual or group interprets and understands the world around them.

Related Questions