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P08-24A Helix Company Robes Produced Standard Cost Variances

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See template with standard costs for each robe for material and labor and variable overhead (attached).

Solve for material price variance, material quantity variance, labor rate variance. labor efficiency variance, variable overhead spending variance and variable overhead efficiency variance.

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I provided a new tab called instruction which is needed before you can really do this analysis. You need to solve for the standard and the actual quantity and price and THEN do the variance analysis.

Solution provided by:
Carol Sargent, PhD
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
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