Question: Direct Materials and Direct Labor, Variance Analysis Route 56 Tire Comanutdure automobile tires Standard costs and actual costs for direct materials, direct labor and factory
Direct Materials and Direct Labor, Variance Analysis Route 56 Tire Comanutdure automobile tires Standard costs and actual costs for direct materials, direct labor and factory overhead incurred for the manufacture of 5.200 tires were as follows: Standard Costs Actual Costs Direct materials 6,700 os. at $4.60 6,800 DSM34.0 1,300 et 516.40 Direct labor 1330 $16.30 Required: a. Determine the evano quantity variance, and total duct material con varianter a favorable variance as a negative amount and an unfavorable variance as a positive . amount Pricewate Favorable Quantity once favorable Tots direct marcos arance verble to betermine the rate ancienne variance and to the labor cont variance. Enter a tavorable variance as a negative amount, and an intervorte variance as a positive amount Tocabor code Unforte
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