Question #$1$

The standard to manufacture a given electronic component is $10$ transistors at $$75$ per transistor. During the month, $100$ electronic components were manufactured. $1,200$ transistors were used at a total cost of $$96,000.$

Calculate: price variance

quantity variance

total variance

AQ

$AP$

SQ

SP

Question #$2$

A town will build a bridge which can handle big rigs with trailers. The bridge was budgeted to use $100,000$ pounds of concrete at a total cost of $$325,000$ for the concrete. When the bridge was completed the actual cost of the concrete used was $$378,560$ at an average cost of $$3\mathrm{.}38$ per pound of concrete installed.

Calculate: price variance

quantity variance

total variance