Question
You are running SBU's Pizza. You have established the following standards for making one pizza: Dough: 0.35 pounds at $2 per pound Labor: 0.2 hours
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You are running SBU's Pizza. You have established the following standards for making one pizza:
Dough: 0.35 pounds at $2 per pound
Labor: 0.2 hours at $12 per hour
Actual sales volume for the past month was 9,000 units. Actual dough and labor quantities and prices were as follows:
Dough: 1,800 pounds (total for making the 9,000 pizzas) at $1.75 per pound
Labor: 2,700 hours (total for making the 9,000 pizzas) at $16 per hour
a.) The input price variances for dough is $.
b.) The input quantity variances for dough is $
c.) The input price variances for labor is $.
d.) The input quantiy variances for labor is $.
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