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At Uli, the standard price for the M 6 4 0 electrical relay ( a component used in the production of a commercial refrigeration unit
At Uli, the standard price for the M electrical relay a component used in the production of a commercial refrigeration unit is $ Standards call for relays per unit of finished product. In July, the company purchased relays for $ The company used relays in the production of refrigeration units relays were damaged in the installation process
Calculate the material price variance and the material quantity variance related to the M electrical relay. Indicate whether the variances are favorable or unfavorable. Round intermediate calculations to decimal places, eg and final answers to decimal places, eg Enter all variances as a positive number.
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