Material and labor variance analysis A plant food, called Flower-Bloom, is made by the Ari F. Horticultural Company. The product is manufactured in 50-ton batches and sold in bulk to another company that packages and distributes the product. The standard prime costs for a typical 50-ton production run of the product are shown below.;

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Price/ Total Materials Potash Gallon Gallons Cost $ 2.00 5,000 $10,000 Nitrogen 12.00 3,750 45,000 Phosphoric acid 8.00 1,250 10,000 Inert compounds Totals..... .80 5,000 4,000 15,000 $69,000 The labor content and costs are as follows: Labor Blending... Processing Totals... Rate per Total Hour Hours Cost $ 8.00 160 $1,280 11.00 240 2,640 400 $3,920 During March, the company made 250 tons of Flower-Bloom. Actual prime costs of produc- tion were: