Compute rate, efficiency, and? flexible-budget variances

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Reference no: EM133445361

Question: Consider the following data collected for

Superb

Construction? Trailers:

	Direct		Direct Manufacturing
	Materials		Labour
Costs incurred: Actual inputs x actual rates	$	214,000	$	92,000
Actual inputs x standard rates		210,000		91,000
Standard inputs allowed for actual outputs x standard rates		205,000		78,000

Required: Compute the? rate, efficiency, and? flexible-budget variances for direct materials and direct manufacturing labour.

Reference no: EM133445361

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