Leo is a manufacturer of large cement block company. The standard materials quantity is 0.5 pound of
Fantastic news! We've Found the answer you've been seeking!
Question:
Leo is a manufacturer of large cement block company. The standard materials quantity is 0.5 pound of cement per block at a standard price of $1.60 per pound. The actual quantity for the production of 550 block was .7 pounds per
block, at an actual price of $1.90 per pound.
Calculate the Direct Material Efficiency Variance = (AQ SQ) x SP (Indicate Favorable or Unfavorable).
Related Book For
Posted Date: