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Total Labor Variance Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 450,000 bottles

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Total Labor Variance Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 450,000 bottles were produced using 14,000 labor hours @ $10.00. The standard wage rate is $7.50 per hour. Required: Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers. If required, round your answer to the nearest cent. $ 13,500 X Unfavorable Total Materials Variance Krumple Inc. produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.3 ounces of aluminum per can. During the month of April, 250,000 cans were produced using 1,350,000 ounces of aluminum. The actual cost of aluminum was $0.22 per ounce and the standard price was $0.14 per ounce. There are no beginning or ending inventories of aluminum Required: Calculate the total variance for aluminum for the month of April. Enter amount as a positive number and select Favorable or Unfavorable. $ -18,300 X Unfavorable

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