Material And Labor Analysis Mini Lecture We Ll Now Begin Our Discussion On Stand
FOR 25 ASSIGNMENT POINTS……………Complete the following:The following data pertain to the first week of operations during June:Materials:Actual purchases………………………………….1500 units @$3.80/unitActual usage………………………………………..1350 unitsStandard usage…………………………………….1020 units @$4.00/unitLabor:Actual hours………………………………………..310 hours @ $12.10/hourStandard hours…………………………………….340 hours @ $12.00/hourComplete the three material variances and the two labor variances.
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