Question: Answers must b e placed in a chart: Advanced Miniature Development manufactures computer graphics cards ( GPUs ) . Standard costs and actual costs for
Answers must e placed in a chart: Advanced Miniature Development manufactures computer graphics cards GPUs Standard costs and
actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of
GPUs were as follows:
Each GPU requires hour of direct labor.
Answers must be charted for each of the following:
a direct materials price variance
b direct materials quantity variance
c total direct materials cost variance
d direct labor rate variance
e direct labor time variance
f total direct labor cost variance
g the variable factory overhead controllable variance
h fixed factory overhead volume variance
i total factory overhead cost variance.
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