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# 4 : Anderson Corporation ( use the date above in # 3 ) For the month of February, the company produced 2 0 0

#4: Anderson Corporation (use the date above in #3)
For the month of February, the company produced 2000 units as planned. It actually
used11,900 pounds of direct material that cost $1.15? pound. Workers actually worked 4200
hours at a rate of $14.50/hour. Variable manufacturing overhead actually was $7800. Fixed
Selling and Administrative actually was $10,000.
A) Calculate Materials Quantity Variance
B) Calculate Materials Price Variance
C) Calculate Labor Efficiency Variance
D) Calculate Labor Rate Variance
E) Calculate Variable Overhead Efficiency Variance
F) Calculate Variable Overhead Rate Variance
Show your formulas for #4. Label each of the items A thru F as being either Favorable or
Unfavorable variances.
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