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What are the variances Total Variance = Var. = Chairs Direct materials Direct labor carpenters Direct labor helpers (SQ 1050 420 630 Eff./Quantity Variance AQ)
What are the variances
Total Variance = Var. = Chairs Direct materials Direct labor carpenters Direct labor helpers (SQ 1050 420 630 Eff./Quantity Variance AQ) SP 1050 $ 30.00 367.5 $24.00 588 $14.00 A A A (SP $30 $24 $14 Price Variance AP) AQ $ 31.50 1050 $ 22.04 367.5 $ 17.26 588 Var $ (1,575) $ 720 $ (1,917) $ 1,260 $ 588 $ (1,575) 1,980 $ (1,329) Tables Direct materials Direct labor carpenters Direct labor helpers 1760 550 825 1782 484 774.4 $30.00 $24.00 $14.00 A A A $ (660) $ 1,584 $ 708 $30.00 $24.00 $14.00 $ 31.50 $ 22.04 $ 17.26 1782 484 774.4 $ (2,673) $ 949 $ (2,525) $ (3,333) $ 2,533 $ (1,816) Cabinets Direct materials Direct labor carpenters Direct labor helpers 1500 600 900 1540 620 992 $30.00 $24.00 $14.00 $ (1,200) $ (480) $ (1,288) $30.00 $24.00 $14.00 $ 31.50 $ 22.04 $ 17.26 1540 620 992 $ (2,310) $ 1,215 $ (3,234) $ (3,510) 735 $ (4,522) $ (10,837) total Material Price Variance total Material Quantity Variance total Labor Efficiency Variance total Labor Rate Variance $ (10,837) UStep by Step Solution
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