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During March 2022, the following activity was recorded by the company relating to the production of tybos: 1. The company produced 9,210 units during
During March 2022, the following activity was recorded by the company relating to the production of tybos: 1. The company produced 9,210 units during the month. 2. A total of 24,240 pounds of materials were purchased at a cost of $66,660. 3. A total of 24,240 pounds of materials were used in production. 4. 5,220 hours of labor were incurred during the month at a total wage cost of $57,420. Calculate the following variances for March for Marigold, Inc. Identify whether each variance is favorable or unfavorable. (a) Materials Price Variance +A $ (b) Materials Quantity Variance (c) Labor Price Variance A (d) Labor Quantity Variance $ eTextbook and Media Save for Later 72720 Favorable 149085 Unfavorable Unfavorable Favorable Attempts: 2 of 5 used Submit Answer
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