Question: Milestone Three - Variance Analysis Data for Variance Analysis: Budgeted (Standard) Hours/Qty Budgeted (Standard) Rate Actual Hours/Qty Actual Rate Labor Materials Variances for Collar Sales

Milestone Three - Variance Analysis Data for Variance Analysis: Budgeted (Standard) Hours/Qty Budgeted (Standard) Rate Actual Hours/Qty Actual Rate Labor Materials Variances for Collar Sales Variance Favorable/ Unfavorable Direct Labor Time Variance (Actual Hours - Standard Hours) x Standard Rate $ - Direct Labor Rate Variance (Actual Rate - Standard Rate) x Actual Hours $ - Direct Materials Quantity/Efficiency Variance (Actual Quantity - Standard Quantity) x Standard Price $ - Direct Materials Price Variance (Actual Price - Standard Price) x Actual Quantity $ - Milestone Two - Contribution Margin Analysis COLLARS LEASHES HARNESSES Sales Price per Unit $ 28.00 $ 30.00 $ 35.00 Variable Cost per Unit 9.10 12.10 14.60 Contribution Margin 18.90 (28.00-9.10) 17.90 (30.00-12.10) 20.40 (35.00-14.60)

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Th ey probably would have treated me like a criminal.