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Can someone please help me with the boxes in red at the last picture could not figure out how to find Total Varience unfavorable box.
Can someone please help me with the boxes in red at the last picture could not figure out how to find Total Varience unfavorable box. Thank you.
Overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for the amount used. each direct labor hour. The jobs were sold for $492,000. Selling and administrative expenses mere $35,300. Assume that the amount of raw materials parchased equaled Your answer is correct. Compute all of the variances for (1) direct materials and (2) direct labor. (Round answers to 0 decimal places, e.o. 125.) (1) Total materials variance 2980 Unfavorable Materials price variance Materials quantity variance (2) Total labor variance Labor price variance7450 Favorable Labor quantity varianceStep by Step Solution
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