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Question 4 : Price and Efficiency variances for Flash Memory and Labor Price Variance: (budgeted price of input - Actual price of input) * Actual

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Question 4 : Price and Efficiency variances for Flash Memory and Labor Price Variance: (budgeted price of input - Actual price of input) * Actual quantity Efficiency Variance : (Budgeted quantity of input allowed for actual output - Actual quantity of input used) * Budgeted price of input Materials Price Variance - Flash Memory (in $) Budgeted Price - Actual Price -2,00 Actual Flash Memory Quantity* 181 000 Flash Memory Price Variance 362 000

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