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Wilson Manufacturing has provided you with the following variances for the month of March: Direct materials price variance Direct materials quantity variance Direct labor rate
Wilson Manufacturing has provided you with the following variances for the month of March: Direct materials price variance Direct materials quantity variance Direct labor rate variance Direct labor efficiency variance $ 3,440 Favorable (4,850) Unfavorable (4,050) Unfavorable (9,650) Unfavorable Required: a. Calculate the direct materials spending variance. Note: Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). b. Calculate the direct labor spending variance Note: Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance). a. Direct materials spending variance b. Direct labor spending variance
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