p r:-1 %V9 |.ArabicEnglishhomework- m...Question 1: You have been invited to interview for an internship with an international foodmanufacturing company. When you arrive for the interview, you are given the followinginformation related to a fictitious Belgian chocolatier for the month of June. The chocolatiermanufactures truffles in 12-piece boxes. The production is labor intensive, and the delicatenature of the chocolate requires a high degree of skill.ActualBoxes produced10,0002,150,000 g60,200 euroDirect materials used in productionActual direct material costActual direct manufacturing labor-hoursActual direct manufacturing labor cost1,10012,650 euroStandardsPurchase price of direct materialsMaterials per boxWage rateBoxes per hour0.03 euro/g200 g12 euro/hour10Required : Compute the price and efficiency variances of direct materials and direct manufacturingQuestion 2: Eric Williams is a cost accountant and husiness analyDDC), which manufactures expensive briss dootknobs. DDaterials and direct manufacturing labor. Williams feels thatmaterial usage. Therefore. DDC allocates manufacnmingaterials used Atthie beginning of 2017, DDC bمعدل الأجورالصناديق في الساعة10مطلوب: حساب التباين في السعر والكفاءة ل لموادorknالمباشرة والتصنيع المباشرالمخاض.السؤال 2: إيريك ولیامز محاسب تكاليف ومحل ل أعمالالشركة تصميم الماستعديلالتباین

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Description: p r:-1 %V9 |.ArabicEnglishhomework- m...Question 1: You have been invited to interview for an internship with an international foodmanufacturing company. When you arrive for the interview, you are given the followinginformation related to a fictitio

Standard costing - This is the method of costing where standard is determined and then its compared…

Answered: Compute the price and efficiency…

Business

Accounting

Compute the price and efficiency variances of direct materials and direct manufacturing

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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