Chapter $11$

Ex$.210$

Purvis Manufacturing, which produces a single product, has prepared the following standard cost she for one unit of the product.

Direct materials $(6$ pounds at $$2$ per pound$)$

$$12$

Direct labor $(2$ hours at $$12$ per hour$)$

$$24$

During the month of April, the company manufactures $300$ units and incurs the following actual costs.

Direct materials purchased and used $(1,850$ pounds$)$

$$4,070$

Direct labor $(620$ hours$)$

$$7,130$

Instructions

Compute the total, price, and quantity variances for materials and labor.