Garden Metal Works produces lawn sculptures. The company analyzes only variances that differ by more than 5
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Garden Metal Works produces lawn sculptures. The company analyzes only variances that differ by more than 5 percent from the standard cost. The controller computed the following direct labor efficiency variances for March:
For each product, determine the variance as a percentage of the standard cost (round to one decimal place). Then identify the products whose variances should be analyzed and suggest possible causes for thevariances.
Transcribed Image Text:
Direct Labor Efficiency Variance Standard Direct Labor Cost Product 4 Product 6 Product 7 Producr 9 Product 12 1,240 (U) 3,290 (F) 2,030 (U) 1,620 (F) 2,810 (U) $26,200 59,740
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