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I REALLY NEED HELP ASAP! I got lost on this question and only have one attempt left. Thank you in advance. View Policies Current Attempt
I REALLY NEED HELP ASAP! I got lost on this question and only have one attempt left. Thank you in advance.
View Policies Current Attempt in Progress Levine Inc. which produces a single product has prepared the following standard cost sheet for one unit of the product. Direct materials (8 pounds at $2.40 per pound) Direct labor (5 hours at $12.00 per hour) $19.20 $60.00 During the month of April, the company manufactures 260 units and incurs the following actual costs. Direct materials purchased and used (2.400 pounds) Direct labor (1.310 hours) $6.240 $15,458 Compute the total price, and quantity variances for materials and labor. Total materials variance $ Materials price variance $ Neither Lavorable or unfavorable Favorable Unfavorable $ Materials quantity variance Total labor variance Labor price variance $ $ Labor quantity variance $ 5 Attempts: 0 of 1 used Submit Anwwer os acer Step by Step Solution
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