Question: Current Attempt in Progress Bramble Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct
Current Attempt in Progress Bramble Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials (9 pounds at $2.20 per pound) $19.80 Direct labor (1 hours at $11.00 per hour) $11.00 During the month of April, the company manufactures 310 units and incurs the following actual costs. Direct materials purchased and used (1,600 pounds) $3,680 Direct labor (330 hours) $3,564 Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Materials price variance $ $ +A +A +A $ Materials quantity variance Total labor variance Labor price variance Labor quantity variance $ +A > > > > > >
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