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

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