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This question was created from ACC 202 Final Project Milestone 1.xlsx https://www.coursehero.com/file/38097946/ACC-202-Final-Project-Milestone-1xlsx/

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NEED FAVORABLE OR UNFAVORABLE COLUMN

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DATA FOR VARIANCE ANALYSIS:
Standard
Standard
Actual
Actual
Hours / Qty
Rate
Hours / Qty
Rate
Grooming Labor
150 $
12.00
180
$
11.50
Grooming Materials
1,000 $
2.00
1,200
$
3.00
Favorable/
Variance
Unfavorable
Groomer Direct Labor Time Variance
(Actual Hours - Standard Hours) x Standard Rate
Groomer Direct Labor Rate Variance
(Actual Rate - Standard Rate) x Actual Hours
Direct Materials Quantity/Efficiency Variance
(Actual Quantity - Standard Quantity) x Standard Price
Direct Materials Price Variance
(Actual Price - Standard Price) x Actual Quantity

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