eBook

Relaunch $t$

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis

Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufact of $7,200$ units of product were as follows:

$\backslash$table$[[,$Standard Costs,Actual Costs$],[$Direct materials,$9,400lb.$ at $$5\mathrm{.}80,9,300lb.$ at $$5\mathrm{.}60$

eBook

Relaunch $t$

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis

Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufact of $7,200$ units of product were as follows:

$\backslash$table$[[,$Standard Costs,Actual Costs$],[$Direct materials,$9,400lb.$ at $$5\mathrm{.}80,9,300lb.$ at $$5\mathrm{.}60$