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can you show me how you checked the varible is favorable or unfavorable? Milestone Three - Variance Analysis Data for Variance Analysis: Budgeted (Standard) Hours/Qty
can you show me how you checked the varible is favorable or unfavorable?
Milestone Three - Variance Analysis Data for Variance Analysis: Budgeted (Standard) Hours/Qty Budgeted (Standard) Rate Actual Hours/Qty Actual Rate Labor 160 $ 16.00 16.50 180$ Materials 566 $ 9.10 620$ 10.00 le Variances for Collar Sales Favorable/ Unfavorable Variance Direct Labor Time Variance (Actual Hours - Standard Hours) x Standard Rate $ 320.00 Unfavorable Direct Labor Rate Variance (Actual Rate - Standard Rate) x Actual Hours 90.00 Unfavorable Direct Materials Quantity/Efficiency Variance (Actual Quantity - Standard Quantity)x Standard Price 546.00 Unfavorable Direct Materials Price Variance (Actual Price - Standard Price) Actual Quantity 558.00 Unfavorable 648 Step by Step Solution
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