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Variance Analysis at Google Values: Standard Direct Material Cost: $10 per unit Actual Direct Material Cost: $12 per unit Standard Direct Labor Cost: $15 per
Variance Analysis at Google
- Values:
- Standard Direct Material Cost: $10 per unit
- Actual Direct Material Cost: $12 per unit
- Standard Direct Labor Cost: $15 per hour
- Actual Direct Labor Cost: $18 per hour
- Requirements:
- Calculate the direct material price and quantity variances for Google.
- Compute the direct labor rate and efficiency variances.
- Discuss the implications of variances on cost control and performance evaluation at Google.
- Recommend strategies to minimize unfavorable variances.
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