Willow Inc. has provided the following information: Budgeted production = 7,000 units Calculate the:
a. direct materials price variance.
b. direct materials quantity variance.
c. direct labor rate variance.
d. direct labor efficiency variance.
e. variable overhead rate variance.
f. variable overhead efficiency variance.
g. fixed overhead spending variance.

Question

Willow Inc. has provided the following information:  Budgeted production = 7,000 units  Calculate the:
a. direct materials price variance.
b. direct materials quantity variance.
c. direct labor rate variance.
d. direct labor efficiency variance.
e. variable overhead rate variance.
f. variable overhead efficiency variance.
g. fixed overhead spending variance.

Quizplus · Accepted Answer

The Answer of Willow Inc. has provided the following information:  Budgeted production = 7,000 units  Calculate the:
a. direct materials price variance.
b. direct materials quantity variance.
c. direct labor rate variance.
d. direct labor efficiency variance.
e. variable overhead rate variance.
f. variable overhead efficiency variance.
g. fixed overhead spending variance.