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0 Problem 3 Scores Available 20 Scores Received Rajshahi Corporation planned to produce 500 units of cricket bats working for 1000 hours in August. Acoording
0 Problem 3 Scores Available 20 Scores Received Rajshahi Corporation planned to produce 500 units of cricket bats working for 1000 hours in August. Acoording to the estimates set by them total DM cost should have been $25,000 and total DL cost should have been $15,000. According to their estimates each bat should require 5 kg of wood. In August, however, they actually produced 700 units of bats working for 1150 hours. During August they purchased 3,000 kg of wood for a total price of $36,000. At the end of August, 250 kg wood was left unused in their ending inventory. Total DL wages in August were $ 20,700. Part 3.1 Scores Available 10 Scores Received Calculate the spending, quantity, and price variances for DM Part 3.2 Scores Available 10 Scores Received Calculate the spending, efficiency, and rate variancs for DL
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