variances 4

variances 4 - SI cfw_ collaborative peer-led structured...

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This material is produced by the SI Program at Arizona State University student success .asu.edu { collaborative peer-led structured group study SI Mcdonald's manufactures the bags of frozen french fries used at its franchised restaurants. Last week, McDonald’s purchased and used 100,000 pounds of potatoes at a price of $0.75 per pound. During the week, 2,000 labor hours were incurred in the plant at a rate of $12.25 per hour. The standard price per pound of potatoes is $0.85, and the standard direct labor rate $12.00 per hour. Standards indicate that for the number of bags of frozen fries produced, the factory should have used 97,000 pounds of potatoes and 1,900 hours of direct labor. Determine the materials price variance and the materials efficiency variances. Determine the direct labor rate and efficiency variances. what explanations do you have for these variances?
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variances 4 - SI cfw_ collaborative peer-led structured...

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