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+ labour side got cut off Bridgeport Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the
+ labour side got cut off
Bridgeport Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product: Direct materials (6.00 kg at $2.60 per kilogram) Direct labour (2.70 hours at $10.00 per hour) $15.60 $27.00 During the month of April, the company manufactures 210 units and incurs the following actual costs: Direct materials purchased and used (1,360 kg) Direct labour (540 hours) $3,808 $5,184 Calculate the total, price, and quantity variances for materials and labour. (Round intermediate calculations to 2 decimal places, e.g. 1.25 and final answer to 0 decimal places, e.g. 125.) Materials Price variance $ $ Quantity variance $ Total variance $ $Step by Step Solution
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