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Gandolph Game Company has established the following standards for the prime costs of one unit of its chief product, dartboards. During September, Gandolph purchased 311,000
Gandolph Game Company has established the following standards for the prime costs of one unit of its chief product, dartboards. During September, Gandolph purchased 311,000 kilograms of direct material at a total cost of $478,940. The total wages for September were $205,920, 90 percent of which were for direct labor. Gandolph manufactured 33,000 dartboards during September, using 277,200 kilograms of the direct material purchased in September and 21,450 direct-labor hours. Required: Compute the following variances for September. (Do not round intermediate calculations. Indicate the effect of each variance by selecting Favorable or Unfavorable. Select None and enter 0 for no effect (i.e., zero variance).)
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