Can someone please help me on the analysis of a law firm marketing environment (both micro and macro environment) usi ng the Porter’s 5 Forces and PESTLE frameworks please

Accounting Aug 04, 2020

Can someone please help me on the analysis of a law firm marketing environment (both micro and macro environment) usi ng the Porter’s 5 Forces and PESTLE frameworks please. Thank you very much in advance

Direct Materials and Direct Labor Variances

At the beginning of June, Kimber Toy Company budgeted 10,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows:

Direct materials	$18,000
Direct labor	6,000
Total	$24,000

The standard materials price is $0.60 per pound. The standard direct labor rate is $15.00 per hour. At the end of June, the actual direct materials and direct labor costs were as follows:

Actual direct materials	$17,100
Actual direct labor	5,700
Total	$22,800

There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Kimber Toy Company actually produced 9,200 units during June.

Determine the direct materials quantity and direct labor time variances. Round your per unit computations to two decimal places, if required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.