savannah textiles inc manufactured 500 units of a special multilayer fabric with

Question

savannah textiles inc manufactured 500 units of a special multilayer fabric with the trade name stylex during july   the standard prome costs for one unit of stylex are

direct material 20 yard at $ 1.35 per yard                                         27

direct labor   4 hours at $9.00 per hour                                               36

total standard prime cost                                                                        $ 63

the following information from the stylex   production department pertains to july

direct materials purchased 18,000 yards at $ 1.38 per yard             $24,840

direct material used 9,500 yards at $1.38   yard                                   $13,110

direct labor used 2,100 hours at $ 9.15 per hour                             19,215

plesae answer all but please part B is more important than A

A     direct material price varience, and quantuty variance, direct labor rate variance and efficiency variance inventory

B prepare journal entiry

record the purchase of direct material

add direct material and direct labor cost to work in process

record the direct material and direct labor variance

close these variance to cost of goods sold

Explanation / Answer

can do it. pls post ur assignment on

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