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Direct Materials and Direct Labor Variances At the beginning of April, Winslow Toy Company budgeted 23,000 toy action figures to be manufactured in April at
Direct Materials and Direct Labor Variances At the beginning of April, Winslow Toy Company budgeted 23,000 toy action figures to be manufactured in April at standard direct materials and direct labor costs as follows: The standard materials price is $0.50 per pound. The standard direct labor rate is $14.00 per hour. At the end of April, the actual direct materials and direct labor were as follows: There were no direct materials price or direct labor rate variances for April. In addition, assume no changes in the direct materials inventory balances in April. Winslow To) Company actually produced 20,700 units during April. nearest dollar, if required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number
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