SondraCaudill_Unit7_AB239_01

SondraCaudill_Unit7_AB239_01 - 23­1A a. Direct materials...

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Unformatted text preview: 23­1A a. Direct materials price variance = {(1.25­1.30) x 2,900 pounds}= ­145 b. Direct materials quantity variance = {(2,900­3,000) x 1.25= ­125 c. Direct materials cost variance = ­270 23­2A a. Direct labor rate variance = (11.50­12.00) x 1,500 = ­750 b. Direct labor time variance = (1,500­1750) x 12 = ­3,000 c. Direct labor cost variance = ­3,750 23­3A Variance factory overhead controllable variance = 1,200­1,750= ­550 Ex23­2 Costs Table Materials Labor Overhead Total Cost Per Table Ex23­21 Direct labor = $6,200 Standard Price x Standard Quantity/Pair = Cost of 9.50 18 4 18 2.5 2.5 171 45 10 226 ...
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This note was uploaded on 05/06/2011 for the course ACCT 410 taught by Professor David during the Spring '10 term at Kaplan University.

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