Question
Heart Dress Co. manufactures dresses in a small manufacturing facility. Manufacturing has 20 employees.Each employee presently provides 35 hours of productive labor per week. Info
Heart Dress Co. manufactures dresses in a small manufacturing facility. Manufacturing has 20 employees.Each employee presently provides 35 hours of productive labor per week. Info about a production week is as follows:
Standard wage per hour $10.60
Standard labor time per dress 15 min
Standard # of yards of fabric per dress 4 yds
Standard price per yard of fabric $2.90
Actual price per yard of fabric $3.05
Actual yds of fabric used during the week 14,200
Actual wage per hour $10
Actual hrs per week 700
# of dresses produced during the week 3,500
DM Price Variance = DM Quantity Variance =
DL Rate Variance = DL Time Variance =
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