Question: Question 8 . 2 ( Total: ( mathbf { 1 8 } ) marks ) The following materials standards have been established

Question

8.2 (

Total:

\ (\

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{1 8} \)

marks

)

The following materials standards have been established for product Wand: The following data pertains to operations concerning product Wand for the last month: Required:

1 .

What is the materials price variance for the month?

2 .

What is the materials quantity variance for the month?

$Question 8 . 2 ( Total: \ ( \ mathbf { 1 8 } \ )$

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