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Minnie Co. produces wooden tool boxes . The company's standards per box require 3 boards , each conting 10 per board and half an hour
Minnie Co. produces wooden tool boxes . The company's standards per box require 3 boards , each conting 10 per board and half an hour of direct labour . The standard labour is $15 . per hour August , Minnie Co. purchased 6,500 boards for a total cost of $58,500 to manufacture 1900 boxes . Total labour hours were 1000 hours and total labour costs were $ 16,250 . NOTE - please enter any variance in dollars ($) without negative or positive signs - just enter the mathematical difference . a)Calculate the total direct material variance b) the total direct material variance favourable or unfavourable ? c) Calculate the direct material quantity variance $ d) Is the direct material quantity variance favourable or unfavourable ? ) Calculate the direct material price variance $ Is the direct material price variance favourable or unfavourable ? Calculate the total direct labour variance $ 750 Is the total direct labour variance favourable or unfavourable ? Unfavourable Calculate the direct labour quantity variance $ calculated the direct labor price variance
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