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Solly Corporation produces a product for national distribution. Standards for the product are: Materials: 12 ounces per unit at 60t per ounce Labor: 2 hours
Solly Corporation produces a product for national distribution. Standards for the product are: Materials: 12 ounces per unit at 60t per ounce Labor: 2 hours per unit at $8 per hour. During the month of December, the company produced 1,000 units. Information for the month follows Materials: 14,000 ounces purchased and used at a total cost of ST700 Labor 2.500 hours worked at a total cost of $23625 Compute the direct labor spending variance" ae. the amount which would appear in the revenue&spending variance" column on a performance report) remember that there were two ways you could compute this 'total" varlance
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