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You have been given the following information about the production of Tamarisk Co., and are asked to provide the plant manager with information for a
You have been given the following information about the production of Tamarisk Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations. Direct materials (9 pounds at $4 per pound) Direct labor (0.80 hours at $10) Variable overhead (0.80 hours at $3 per hour) Fixed overhead (0.80 hours at $8 per hour) Costs Direct materials Direct labor Total Standard Cost $405.000 Standard Cost Card The following is a variance report for the most recent period of operations. 90,000 Price $36.00 $10.365 F 8.00 4.885 U 2.40 Variances 6.40 $52.80 Quantity $9.600 U 7.700 U
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