X Calibri 14 A A 2 Wiap Text General Insert 2. Delete- Format a A- + Merge & Center - $ - % -68 Conditional Format as Cell Formatting Table Styles Styles Chipboard Font Alignment Number Cells 817 . X A B C D E F G H 1 Question 4 - Variance Analysis 2 3 Yorkville Corp produces tents. Each tent requires 2 metres of fabric and takes 0.5 direct labour hours. The budgeted cost of the 4 fabric used by Yorkville Corp is $12 per metre and the budgeted labour cost is $15 per hour. In December, Yorkville Corp 5 purchased 10,000 metres of fabric for $140,000. During the year, the company manufactured 6,000 tents. Payroll reported a 6 total of 2,220 direct labour hours at a cost of $26,640. 9 Required LO Calculate the materials price and quantity variances and indicate whether the variances are favourable or unfavourable. 1 Calculate the labour price and quantity variances and indicate whether the variances are favourable or unfavourable. 2 3 4 Q6 + Q2 Q3 Q4 Q5 destination and press ENTER or choose Paste Type here to search E