Excel Assignment #$11-$ Variance Analysis Practice Exercise

PZBR Co manufactures custom$-$ordered commemorative beer steins. Its standard cost information follows:

PZBR Co had the following actual results last year:

$\backslash$table$[[$Number of units produced and sold,,$130,000],[$Number of pounds of clay purchased and used,,$228,200],[$Cost of clay,$$,365,120],[$Number of labor hours worked,,$175,000],[$Direct labor cost,$$,2,975,000$