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The following direct materials and direct labor data pertain to the operations of Pharoah Company for the month of August. Costs Actual labor rate $16

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The following direct materials and direct labor data pertain to the operations of Pharoah Company for the month of August. Costs Actual labor rate $16 per hour Actual materials price $190 per ton $15.50 per hour Standard labor rate Standard materials price $192 per ton 4,000 hours Quantities Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used 1,400 tons 4,070 hours 1,390 tons (a) Compute the total price, and quantity variances for materials and labor. Total materials variance $ art. $ Actual quantity of materials purchased and used 1,400 tons Standard hours used 4,070 hours Standard quantity of materials used 1,390 tons (a) Compute the total price, and quantity variances for materials and labor. Total materials variance Materials price variance $ Materials quantity variance $ Total labor variance $ Labor price variance $ Labor quantity variance $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Ans

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