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in details, please Farances Colonial Pewter's Standard Cost Variances Colonial Pewter planned to produce 2,100 statues in June, but the actual production is 2,000 statues
in details, please
Farances Colonial Pewter's Standard Cost Variances Colonial Pewter planned to produce 2,100 statues in June, but the actual production is 2,000 statues Colonial Pewter's record for June show that it actually used 6,500 pounds of pewter, and the actual purchase price is $3.8 per pound. The standard quantity per unit is 3 pounds per statue and the standard price is $4 per pound It actually used 1,050 direct labor-hours, and the actual direct labor cost was $22,680. The standard hours per unit is 0.5 hours per statue and the standard hourly wage rate is $22 per hour Questions What are the material price and quantity variances for Colonial Pewter Company in June? What are the labor rate and efficiency variances for Colonial Pewter Company in June Step by Step Solution
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