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Analyze the following price and quantity variances for a speech therapist and indicate whether they are favorable or unfavorable variances. Assume this is a yearly
Analyze the following price and quantity variances for a speech therapist and indicate whether they are favorable or unfavorable variances. Assume this is a yearly analysis.
| Overhead cost | Minutes | Cost per minute |
Actual | $1,800,000.00 | 300,000 | $6.00 |
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Budgeted | $1,010,000.00 | 200,000 | $5.05 |
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