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I need the labour rate variance,material usage variance ,labour efficiency variance and material price variance with the fabouraconditions(favourable or unfavourable ) for this question .Thank
I need the labour rate variance,material usage variance ,labour efficiency variance and material price variance with the fabouraconditions(favourable or unfavourable ) for this question .Thank you.
Page 1: Step Corp. produces a variety of sports equipment. Regarding its hockey net production line, the company has the following standards: 1 Page 3: 2 3 Direct materials per net in kilograms) 2 Cost per kilogram of direct materials $14.50 Standard direct manufacturing labour $24.00 cost (per hour) Standard manufacturing labour time 1.5 Khours per net) In January, the company produced 3,000 hockey nels and reported the following for actual performance: 5 6.4001 Page 4: Direct materials used in kilograms) Direct materials purchased in kilograms) Cost per kilogram of direct materials Total direct manufacturing labour hours Total direct manufacturing labour cost What is the labourrate variance? 6.600 $13,50 4,400 $103.400 Page 5 10 11 12 None of those are correct 13 $2,200 lavourable Page 6 $2200. Linfavourable 15 16 $3.600 favourable $3.600 urfavourableStep by Step Solution
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