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variance at the end of the month you find that the labor and material spent on manufacturing collars was different from what you estimated: the
variance
File Home insert PageLayout formulas Data Peview View Help Acrobat Condeionat Fomatting EPSTomat as Table* Celi Siples - Dua fer variance Anahpie. Variances for Collar Sales obeet tabor Tine Yurlace (Athai itoun - Standard poorv] x standard Fute Duentiabor Rafe Variance (Actual litete - standud hatej - Aatwat Houn Direct Materiab cowntiry/tikiescy viriance IA Aual Cuantry- Sanderd Oumthy x stinderd price Ored Materiab Price Varianar (Actual Prits - Standard Trice) x Actual Quantity E 8 P Iype here to search Duta fine Variance Analysis Yorianoes for finilar sales. oiect tabor time Virianot Direst tabor Rate Varlance (Artual Rate - Standard Fated a Actual Houra Wirect Materials orastity/ ttiriency Varisnce [Artual Guantify - Stataf di Reantify) x 5 tandard Firice. Obevt Materials Price Wariance (Nctual Avike + Standant frocel x. Atfuat Quantify. fype here to search File Home insert PageLayout formulas Data Peview View Help Acrobat Condeionat Fomatting EPSTomat as Table* Celi Siples - Dua fer variance Anahpie. Variances for Collar Sales obeet tabor Tine Yurlace (Athai itoun - Standard poorv] x standard Fute Duentiabor Rafe Variance (Actual litete - standud hatej - Aatwat Houn Direct Materiab cowntiry/tikiescy viriance IA Aual Cuantry- Sanderd Oumthy x stinderd price Ored Materiab Price Varianar (Actual Prits - Standard Trice) x Actual Quantity E 8 P Iype here to search Duta fine Variance Analysis Yorianoes for finilar sales. oiect tabor time Virianot Direst tabor Rate Varlance (Artual Rate - Standard Fated a Actual Houra Wirect Materials orastity/ ttiriency Varisnce [Artual Guantify - Stataf di Reantify) x 5 tandard Firice. Obevt Materials Price Wariance (Nctual Avike + Standant frocel x. Atfuat Quantify. fype here to search at the end of the month you find that the labor and material spent on manufacturing collars was different from what you estimated:
the collar maker had to work nine hours a day instead of a due to an increase demand for collars
Because of the increase demand the hourly rate you pay your employee for making the colors increased to $16.50
an increase in the cost of raw material lead the direct material cost per color to increase to the $10
however you also made and sold 60 more colors than you expected to sell in the month
you now need to determine the variance in the materials and labor costs from what you estimated in the mousedown to based on market research data
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