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Homework answers / question archive / The following data relate to direct materials costs for February: ??Materials cost per yard: standard, $2

The following data relate to direct materials costs for February: ??Materials cost per yard: standard, $2

Accounting

The following data relate to direct materials costs for February:

??Materials cost per yard: standard, $2.00; actual, $2.10

Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards

Units of production: 9,500

?Calculate the total direct materials cost variance.

 

The following data relate to direct labor costs for March:

Rate: standard, $12.00; actual, $12.25

Hours: standard, 18,500; actual, 17,955

Units of production: 9,450

Calculate the direct labor rate variance.

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