Question: please answer correctly will leave a like thanks The following direct materials and direct labor data pertain to the operations of Sunland Company for the

please answer correctly will leave a like thanks
please answer correctly will leave a like thanks The following direct materials
and direct labor data pertain to the operations of Sunland Company for

The following direct materials and direct labor data pertain to the operations of Sunland Company for the month of August. Costs Actual labor rate $13 per hour Actual materials price $130 per ton Standard labor rate $12.50 per hour Standard materials price Quantities Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used $133 per ton 4,000 hours 1,900 tons 4,080 hours 1,880 tons (a) Compute the total, price, and quantity variances for materials and labor. Total materials variance $ Materials price variance Materials quantity variance $ Total labor variance Labor price variance Labor quantity variance $ $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!