Unformatted text preview: -300 F Total variance 290 U From these above, we can see that the planning budget was unfavorable in big amount. The company should change the planning budget more accurate. Standard Quantity Standard Price Standard Cost Two most significant variances are direct materials quantity and direct labor variances. For direct labor, the cause is from the cost the company pay for labor. It is $7 instead of $6. And for the direct materials, the company used 49,200 pounds instead of 45,000 pounds as they were planning....
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- Fall '11
- Variance, Direct material price variance, variances, overhead rate variances