Taylor, Inc. has the following information for the two most recent years of operations.
Required:
Determine the following:
1. Selling price variance in sales dollars.
2. Sales volume variance in contribution.
3. Materials usage variance.
4. Materials price variance.
5. Labor usage variance.
6. Labor rate variance.

Question

Taylor, Inc. has the following information for the two most recent years of operations.
  Required:
Determine the following:
1. Selling price variance in sales dollars.
2. Sales volume variance in contribution.
3. Materials usage variance.
4. Materials price variance.
5. Labor usage variance.
6. Labor rate variance.

Quizplus · Accepted Answer

The Answer of Taylor, Inc. has the following information for the two most recent years of operations.
  Required:
Determine the following:
1. Selling price variance in sales dollars.
2. Sales volume variance in contribution.
3. Materials usage variance.
4. Materials price variance.
5. Labor usage variance.
6. Labor rate variance.