Question $2.$ AZ manufacturing company manufactures widgets. They have a standard cost for producing one widget, which includes the cost of materials, labor, variable overhead, fixed overhead. For the month of January, the company planned to produce $9200$ widgets.

$\backslash$table$[[$Particulars$,$Total Standard Costs$(9,200$ units$),$Actual costs units$)],[$Direct material,$38,640,42,630],[$Direct labor,$193,200,194,580],[$Variable overhead,$23,460,24,140],[$Fixed overhead,$9,660,9,660],[$Total Cost,$264,960,268,640]]$

ired:

Calculate variance

Identify possible causes

$?$ecommend actions for variance

t of ALFA COLLEGE

$3$

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