Last one needs to be done and is the rest correct DATA FOR VARIANCE ANALYSIS: DA

Question

Last one needs to be done and is the rest correct

DATA FOR VARIANCE ANALYSIS:

DATA FOR VARIANCE ANALYSIS:

Standard
Hours / Qty Standard
Rate Actual
Hours / Qty Actual
Rate Grooming Labor                            150 $                    12.00                            180 $                    11.50 Grooming Materials                        1,000 $                      2.00                        1,200 $                      3.00 Variance Favorable/
Unfavorable Groomer Direct Labor Time Variance (Actual Hours - Standard Hours) x Standard Rate $                  360.00 unfavorable Groomer Direct Labor Time Variance (Actual Rate - Standard Rate) x Actual Hours $                  (90.00) favorable Groomer Direct Labor Time Variance (Actual Quantity - Standard Quantity) x Standard Price $                  400.00 unfavorable Groomer Direct Labor Time Variance (Actual Price - Standard Price) x Actual Quantity unfavorable

Explanation / Answer

Groomer direct material rate variance = (Standard price-actual price)*Actual quantity

= (2-3)*1200

Groomer direct material rate variance = $1200 Unfavorable

Related Questions

Navigate

• Browse (All)
• Browse L
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.