Business, 06.05.2020 02:02 fatboicroi

All of the purchased raw material was transferred to work in process, and the materials quantity variance was unfavorable by $11,000. Direct labor - actual cost $140,000 Direct labor - standard cost for output 132,000 The labor efficiency variance was favorable by $7,600.

(a) Calculate materials price variance.
(b) Calculate materials quantity variance.

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All of the purchased raw material was transferred to work in process, and the materials quantity var...

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