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how do you compare if the MPV and the MQV is favorable or not 3. French Co. makes berets out ofa special dyed wool fabric.
how do you compare if the MPV and the MQV is favorable or not
3. French Co. makes berets out ofa special dyed wool fabric. During the month, the company made 12,000 berets using 13,200 decimeters of fabric. Ihe fabric cost 522,720 Euros. According to company standards, each beret requires I .2 decimeters of fabric at a cost of 36 Euros per decimeter. Find a) actual price of fabric per decimeter, b) standard quantity given the number of berets produced; c) amount of material price variance; d) amount of material quantity (emciency) variance 4. Lunch Co. makes sandwiches for convenience stores. month. it made 42.000 sandwiches using 1.680 direct labor hours. It paid its employees a total of S' 3.608. According to company standards, employees should make 20 sandwiches per hour and be paid $9 per hour. Find a) actual labor rate; b) standard hours allowed; c) labor rate (price) variance; d) lalxr efficiency (quantity) variance
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