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Bramble Corporation manufactures a single product. The standard cost per unit of product is shown below. table [ [ Direct materials - 1 pound
Bramble Corporation manufactures a single product. The standard cost per unit of product is shown below.
tableDirect materials pound plastic at $ per pound,$
The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored.
a
Compute all of the materials and labor variances.
Total materials variance
$
Materials price variance
$
Materials quantity variance
$
Total labor variance
$
Labor price variance
$
Labor quantity variance
$
b
Compute the total overhead variance.
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