Answer Happy

asap accounting
You have been given the following per unit information about the
production of Silver Inc., and are asked to provide the plant
manager with information for a meeting with the vice-president of
operations:
Production data, both budgeted and actual, for the year are as
follows:
The plant manager has asked you to calculate the following
variances: direct material price variance, direct material
usage variance, direct labour rate variance, and the direct labour
efficiency variance. Use your work to answer the following
questions.
Question 17 (1.5 points)
Question 17 options:
The total direct material price variance is
$_______________.
Enter your answer as a positive number.
Question 18 (1 point)
The direct material price variance is
Question 18 options:
a)
Favourable
b)
Neither favourable or unfavourable
c)
Unfavourable
Question 19 (1.5 points)
Question 19 options:
The total direct material usage variance is
$_______________.
Enter your answer as a positive number.
Question 20 (1 point)
The direct material usage variance is
Question 20 options:
a)
Neither favourable or unfavourable
b)
Favourable
c)
Unfavourable
Question 21 (1.5 points)
Question 21 options:
The total labour rate variance is $_______________.
Enter your answer as a positive number.
Question 22 (1 point)
The direct labour rate variance is
Question 22 options:
a)
Neither favourable or unfavourable
b)
Unfavourable
c)
Favourable
Question 23 (1.5 points)
Question 23 options:
The total labour efficiency variance is $_______________.
Enter your answer as a positive number.
Question 24 (1 point)
The direct labour efficiency variance is
Question 24 options:
a)
Unfavourable
b)
Neither favourable or unfavourable
c)
Favourable