Excel Applications for Accounting Principles 4th Edition by Gaylord Smith

تمرين 3

PROBLEM DATA
McGrade Industries manufactures a product whose standard direct materials and direct labor unit costs are as follows:

REQUIREMENT
The president of McGrade Industries wants an analysis prepared to help explain why the variances computed in requirement 1 occurred. Using the worksheet called PRIMEVAR that follows these requirements, calculate the material and labor variances for McGrade Industries. The problem requires you to enter the input in the Data Section as well as formulas in the Answer Section.