Question
Using the Standard data for BSAIS Manufacturing Company, Assuming that because of COVID 19 pandemic, Actual Material Rate and Actual Labor Rate was increased by
Using the Standard data for BSAIS Manufacturing Company, Assuming that because of COVID 19 pandemic, Actual Material Rate and Actual Labor Rate was increased by 10% and 15% respectively and the Actual production was decreased by 150 units, compute for the following:
a.Materials Price Variance
b.Materials Usage Variance
c.Labor Price Variance
d.Labor efficiency Variance
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
