Calculate the labour price and quantity variances. Labour price variance: $ Labour quantity variance: 4536 Unfavourable 14728 Unfavourable Blue Spruce Company's standard labour cost of producing one unit of product DD is 4 hours at the rate of $12.75 per hour. During August, 45,360 hours of labour are incurred at a cost of $13.05 per hour to produce 11,200 units of product DD.
Calculate the labour price and quantity variances. Labour price variance: $ Labour quantity variance: 4536 Unfavourable 14728 Unfavourable Blue Spruce Company's standard labour cost of producing one unit of product DD is 4 hours at the rate of $12.75 per hour. During August, 45,360 hours of labour are incurred at a cost of $13.05 per hour to produce 11,200 units of product DD.
Calculate the labour price and quantity variances. Labour price variance: $ Labour quantity variance: 4536 Unfavourable 14728 Unfavourable Blue Spruce Company's standard labour cost of producing one unit of product DD is 4 hours at the rate of $12.75 per hour. During August, 45,360 hours of labour are incurred at a cost of $13.05 per hour to produce 11,200 units of product DD.
Transcribed Image Text:Calculate the labour price and quantity variances.
Labour price variance:
$
Labour quantity variance:
4536
Unfavourable
14728
Unfavourable
Transcribed Image Text:Blue Spruce Company's standard labour cost of producing one unit of product DD is 4 hours at the rate of $12.75 per hour. During
August, 45,360 hours of labour are incurred at a cost of $13.05 per hour to produce 11,200 units of product DD.
Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.
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