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Current Attempt in Progress Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are

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Current Attempt in Progress Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly fegulated Therefore, Hart Labs must conatantly monitor and control its teiting costs. Shown belew are the standatd conts for a typical tast. The lab does not maintain an inventory of test tubes As a result the tubes purchased each month are used that month Actual actlvity for the month of November 2022 when 1.475 tests vere conducted refulted in the following Meathly budseted fused owerbead is $14,000. Fevenues for the month were $75.000 and seilins and administrative oxpenses vere 55,000 (2) Compute the price and cuantity variances for direct moterlals and cirect lober: Compute the price and quantity variances for direct materials and direct labor. eTextbook and Media List of Accounts Stveforlister (b) Compute the total overhead variance. ? Current Attempt in Progress Hart Labs, Inc. provides mad cow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly fegulated Therefore, Hart Labs must conatantly monitor and control its teiting costs. Shown belew are the standatd conts for a typical tast. The lab does not maintain an inventory of test tubes As a result the tubes purchased each month are used that month Actual actlvity for the month of November 2022 when 1.475 tests vere conducted refulted in the following Meathly budseted fused owerbead is $14,000. Fevenues for the month were $75.000 and seilins and administrative oxpenses vere 55,000 (2) Compute the price and cuantity variances for direct moterlals and cirect lober: Compute the price and quantity variances for direct materials and direct labor. eTextbook and Media List of Accounts Stveforlister (b) Compute the total overhead variance

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