Business, 26.09.2019 16:30 litwork1726
Material, labor, and variable overhead variances the following summarized manufacturing data relate to thomas corporation’s april operations, during which 2,000 finished units of product were produced. normal monthly capacity is 1,100 direct labor hours. standard units costs total actual costs direct material standard (2 lb. @ $9.00/lb.) $18 actual (4,200 lb. @ $10.20/lb.) $42,840 direct labor standard (0.5 hr. @ $24/hr.) $12 actual (950 hrs. @ $23.40/hr.) 22,230 variable overhead standard (0.5 hr. @ $6/hr.) $3 actual - 6,450 total $33 $71,520 determine the following variances: do not use negative signs with any of your answers. next to each variance answer, select either "f" for favorable or "u" for unfavorable. materials variances actual cost: answer split cost: answer standard cost: answer materials price answer answer materials efficiency answer answer labor variances actual cost: answer split cost: answer standard cost: answer labor rate answer answer labor efficiency answer answer variable overhead variances actual cost: answer split cost: answer standard cost: answer variable overhead spending answer answer variable overhead efficiency answer answer
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Material, labor, and variable overhead variances the following summarized manufacturing data relate...
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