Stumfoll Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.
During the month of April, the company manufactures 250 units and incurs the following actual costs.
Instructions
Compute the total, price, and quantity variances for materials and labor.

Question

Stumfoll Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.  
During the month of April, the company manufactures 250 units and incurs the following actual costs.  
Instructions
Compute the total, price, and quantity variances for materials and labor.

Quizplus · Accepted Answer

The Answer of Stumfoll Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.  
During the month of April, the company manufactures 250 units and incurs the following actual costs.  
Instructions
Compute the total, price, and quantity variances for materials and labor.