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PROBLEM 9-11B Basic Variance Analysis (LO2, LO3, LO4) CHECK participate (1a) Materials worth departure: $15,625 F (2a) Labor efficiency variance: $13,260 U Burton Labs, Inc. produces various chemical substance compounds for industrial use. superstar compound, called overstuffed urge on, is prepared by doer of an refine distilling process. The alliance has developed standard be for integrity building block of slow straighten out as follows: | | |Standard put|Standard Price |Standard | | | | |or Rate | be | | |Direct materials |2.6 |ounces |$20.50 |per ounce |$53.30 | | |Direct labor |1.5 |hours |$13.00 |per hour |19.50 | | | variable manufacturing overhead |1.5 |hours |$4.00 |per hour |    6.00 | | | | | | | |$78.

80 | During November, the following activity was record by the high society relative to fruit of patrician crusade: a.Materials purchased, 12,500 ounces at a cost of $240,625. b.There was no beginning armoury of materials; however, at the end of the month, 3,300 ounces of material remained in ending inventory. c.The company employs 38 lab technicians to work on the issue of So ft Iron. During November, each worked an in! termediate of 165 hours each at an second-rate rate of $11.50 per hour. d.Variable manufacturing overhead is assigned to Soft Iron on the basis of direct labor-hours. Variable manufacturing overhead costs during November number $20,378. e.During November, 3,500 good units of Soft Iron were produced. The companys centering is anxious to determine the efficiency of the Soft Iron production activities. Required: 1.For direct materials used in the production of Soft Iron: a.Compute...If you want to get a proficient essay, array it on our website: OrderEssay.net

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