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NEED ASAP JUST PUT ANSWERS PLEASE IT DOESNT HAVE TO BE FANCY I HAVE 20 MINS TO F

ID: 2459603 • Letter: N

Question

NEED ASAP JUST PUT ANSWERS PLEASE IT DOESNT HAVE TO BE FANCY I HAVE 20 MINS TO FINISH!!!!!!!! PLEASE ASAP

The following direct materials and direct labor data pertain to the operations of Laurel Company for the month of August. Costs Actual labor rate Actual materials price Standard labor rate Standard materials price $14 per hour $156 per ton $13 per hour $158 per ton uantities Actual hours incurred and used Actual quantity of materials purchased and used Standard hours used Standard quantity of materials used 4,933 hours 1,522 tons 5,026 hours 1,504 tons Compute the total, price, and quantity variances for materials and labor Total mnaterials variance Materials price variance Materials quantity variance Total labor variance Labor price variance

Explanation / Answer

Answer:

Legends AR= Actual Rate 156.00 SR= Standard Rate 158.00 AQ= Actual Quantity 1522 SQ= Standard Quantity 1504