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The Radiology Department of Davidson Hospital provides the following standards regarding its provision of angiography procedures. Direct materials (cardiac catheters) Direct labor (Angiography Technologist) Standard
The Radiology Department of Davidson Hospital provides the following standards regarding its provision of angiography procedures. Direct materials (cardiac catheters) Direct labor (Angiography Technologist) Standard Quantity or Hours 1.50 catheters per procedure 2.00 hours per procedure Standard Price or Rate $300.00 per catheter $33.00 per hour For the most recent month, the department reported the following actual data: Number of procedures performed Number of catheters purchased and used Total cost of catheters purchased and used Number of direct labor hours Total cost of direct labor 50 76 $22,300 85 $3,205 Part (a) Compute the price, quantity, and total materials variances. (1) Materials price variance.. Materials quantity variance.. IND * Total materials variance
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