Manik Plc Ltd. makes a product with the following standard costs:Inputs:Unit of InputUnits per itemPrice or rateDirect Materials:pints32$28/pintDirect Labor:direct labor hours28$10/direct labor hourVariable Overhead:direct labor hours$8/direct labor hourThe company reported the following results concerning this product in December.Actual output:178 itemsRaw Materials used:5,655 pintsRaw Material purchased:6,169 pintsActual direct labor hours:4,450 hoursActual cost of raw materials purchased:$160,394Actual direct labor cost:$53,400Actual variable overhead cost:$40,050Oliver applies variable overhead on the basis of direct labor hours. The direct material purchases variance is computed when the materials are purchased. What are the following variances? Be sure to note if they are favorable or unfavorable.Part 1: Direct Material quantity variance:Answer$1,148 Favorable$1,148 Unfavorable$906 Favorable$906 UnfavorablePart 2: Direct Material price variance: $AnswerAnswerFavorableUnfavorablePart 3: Direct Labor efficiency variance: $AnswerAnswerFavorableUnfavorablePart 4: Direct Labor rate variance:Answer$8,900 Unfavorable$8,900 Favorable$6,408 Favorable$6,408 Unfavorable
Our Service Charter
-
Excellent Quality / 100% Plagiarism-Free
We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers. -
Free Revisions
We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed. -
Confidentiality / 100% No Disclosure
We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service. -
Money Back Guarantee
If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit. -
24/7 Customer Support
We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.