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Bollinger Industries Manufactures Back-Packs

Question 86

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Bollinger Industries manufactures back-packs.Selected data regarding standard costs follow:
Bollinger Industries manufactures back-packs.Selected data regarding standard costs follow:    Actual selected results for the month of January are shown below:    Calculate the following variances: ( A)direct labor price variance (b)direct labor usage variance (c)direct materials price variance (d)direct materials usage variance (e)direct materials inventory variance Actual selected results for the month of January are shown below:
Bollinger Industries manufactures back-packs.Selected data regarding standard costs follow:    Actual selected results for the month of January are shown below:    Calculate the following variances: ( A)direct labor price variance (b)direct labor usage variance (c)direct materials price variance (d)direct materials usage variance (e)direct materials inventory variance Calculate the following variances:
(
A)direct labor price variance
(b)direct labor usage variance
(c)direct materials price variance
(d)direct materials usage variance
(e)direct materials inventory variance

Correct Answer:

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(a)$1,350,575 - (151,750 x $8.75)= $22,7...

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