was seven square feet of vinyl per fender, at a standard cost...
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was seven square feet of vinyl per fender, at a standard cost of $ per square foot. The labor standard was direct labor hour per fender, at a standard cost of $ per hour.
Read the requirement.
standard cost; standard quantity.
standard quantity.
Does the pattern of variances suggest Best Fender's managers have been making tradeoffs? Explain.
The
direct materials cost variance combined with the
direct materials efficiency variance suggests that managers may have used
direct materials. The net effect on the total direct materials variance is
The dots direct labor cost variance combined with the
direct labor efficiency variance suggests that managers may have used
workers who performed more efficiently. The net effect on the total direct labor variance is
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