E$9-9($Algo$)$ Calculating Direct Labor Variances $[$LO $9-4]$

Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

$5$ points

Skipped

References

Parker Plastic had the following actual results for the past year:

$\backslash$table$[[$Number of units produced and sold,$1,300,000$