Sonne company produces a perfume called whim the direct

Reference no: EM13598763

Sonne Company produces a perfume called Whim. The direct materials and direct labor standards for one bottle of Whim are given below:

Direct Materials: Standard Quantity or Hours 7.50 ounces... Standard Rate or Price $2.40 per ounce...Standard Cost $18.00
Direct Labor: Standard Quantity or Hours .80 hours...Standard Price or rate $7.00 per hour...Standard Cost $5.60

During the most recent month, the following activity was recorded:
a. 13,250 ounces of material were purchased at a cost of $2.20 per ounce.
b. All of the material was used to produce 1,500 bottles of Whim.
c. 1,000 hours of direct labor time were recorded at a total labor cost of $9,000.

1. Compute the direct materials price and quantity variances for the month.
2. Compute the direct labor rate and efficiency variances for the month.

Reference no: EM13598763

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