Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Favorable Unfavorable. ( Please tell me why) 1. Price variance $36676 (F/U/N) Quantity variance 8101 (F/U/N) Total direct Material variance $28575 (F/U/N) 2. Rate Variance

Favorable Unfavorable. ( Please tell me why)

1. Price variance $36676 (F/U/N)

Quantity variance 8101 (F/U/N)

Total direct Material variance $28575 (F/U/N)

2. Rate Variance $6061 (F/U/N)

Efficiency variance 66001 (F/U/N)

Total Direct labor variance 72062 (F/U/N)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner

10th Edition

0072316373, 978-0072316377

More Books

Students also viewed these Accounting questions