Business, 17.10.2019 10:30 jadenvictor775

Pietro's pizza has established the following standards for making one pizza:
dough: 0.35 pounds at $3 per pound
labor: 0.2 hours at $10 per hour

actual sales volume for the past month was 15,000 units. actual dough and labor quantities and prices were as follows:
dough: 3,750 pounds (total) at $2.5 per pound
labor: 3,750 hours (total) at $12 per hour

required:
(enter favorable and unfavorable variances as positive and negative numbers, without for u)

(a) what are the input price and quantity variances for dough?

materials price variance =
materials quantity variance =

(b) what are the input price and quantity variances for labor?

labor rate variance =
labor efficiency variance =

10 points

Answers: 2

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Pietro's pizza has established the following standards for making one pizza:
dough: 0.35 pou...

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