Question: table [ [ Costs ] , [ Actual labor rate,$ 1 2 , per hour ] , [ Actual materials price,$ 2 5 0
tableCostsActual labor rate,$per hourActual materials price,$per tonStandard labor rate,$per hourStandard materials price,$per ton
tableQuantitiesActual hours incurred and used,Actual quantity of materials purchased and used,Standard hours used,Standard quantity of materials used,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
$
$
$
$
$
$
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