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Marvel Pars, incorporated, manufactures auto accessories One of the company's procucts is a set of seat covers that can be adjustec: to itr neary any

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Marvel Pars, incorporated, manufactures auto accessories One of the company's procucts is a set of seat covers that can be adjustec: to itr neary any smali zac. The company has a standard cost system in use for all of its products. According to the standards that have beenset for the seat covers, the factory should work 1,045 tours each month to produce 2.090 sers of covers. The standard costs assocroted with this level of proctuction are During Auguit the toctory worked onty 800 arect labocthours and produced 1,900 sets of covers The following actual eosts wete recorded dunng the month. Rrecilied: \begin{tabular}{|l|l|} \hline 1. Materials price variance \\ \hline 1. Materials quantity variance \\ \hline 2. Labor rate variance \\ \hline 2. Labor efficiency variance \\ \hline 3. Variable overhead rate variance \\ \hline 3. Variable overhead efficiency variance & \\ \hline \end{tabular} Marvel Pars, incorporated, manufactures auto accessories One of the company's procucts is a set of seat covers that can be adjustec: to itr neary any smali zac. The company has a standard cost system in use for all of its products. According to the standards that have beenset for the seat covers, the factory should work 1,045 tours each month to produce 2.090 sers of covers. The standard costs assocroted with this level of proctuction are During Auguit the toctory worked onty 800 arect labocthours and produced 1,900 sets of covers The following actual eosts wete recorded dunng the month. Rrecilied: \begin{tabular}{|l|l|} \hline 1. Materials price variance \\ \hline 1. Materials quantity variance \\ \hline 2. Labor rate variance \\ \hline 2. Labor efficiency variance \\ \hline 3. Variable overhead rate variance \\ \hline 3. Variable overhead efficiency variance & \\ \hline \end{tabular}

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