Question: Question 4 of 7 - 2 . 2 5 Current Attempt in Progress The following direct materials and direct labor data pertain to the operations
Question of
Current Attempt in Progress
The following direct materials and direct labor data pertain to the operations of lvanhoe Company for the month of August.
tableCostsActual labor rate,$per hourActual materials price,$per tonStandard labior rate,$per hourStandard materials price,$per ton
tableQuantitiesActual hours incurred and used, hoursActual quantity of materials purchased and used, tonsStandard hours used, hoursStandard quantity of materials used, 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
$
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