Question: The following standards have been set for each test performed: standards hours standard price or quantity or rate direct materials 3 pounds $0.75 per pound

The following standards have been set for each test performed:

standards hours standard price

or quantity or rate

direct materials 3 pounds $0.75 per pound

direct labor 0.4 hours $ 12 per hour

During March, Your Company performed 2,000 tests.

840 actual direct labor-hours were worked at a cost of $8,610.

What are the standard hours (SQ) for the period?

The labor rate (P) variance for March is:

During March, Your Company performed 2,000 tests.

7,200 pounds of sand were used for core tests at a cost of $6,120.

The materials quantity variance for March is?

What is StandardQuantity?

The materials price variance for March is?

Enter a favorable variance as a positive number; an unfavorable variance as a negative number.

ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS

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