Project Total Variance Nathaniel Office 2500 18100 U Donaven Office 25850 F Zyion Office Quantity Total Variance 3200 32900 U 76850 F 4150 Actual Costs 222,400 281,350 300,000 Prepare a variance report for the purchasing department Standard Quantity 2700 3500 4000 Costs 240,500 255,500 332,900
Project Total Variance Nathaniel Office 2500 18100 U Donaven Office 25850 F Zyion Office Quantity Total Variance 3200 32900 U 76850 F 4150 Actual Costs 222,400 281,350 300,000 Prepare a variance report for the purchasing department Standard Quantity 2700 3500 4000 Costs 240,500 255,500 332,900
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Figure out what the total, price, and quantity variances are from the given information.
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