Using the excel template provided, construct the material, labor and variable overhead variances for Helix Company for April given the robes actual produced, yards of fabric used and so forth. See attached.
Your tutorial gives you the four steps needed to analyze this type of variance problem. You first ...
Your tutorial gives you the four steps needed to analyze this type of variance problem. You first determine the standard quantity and prices. Then you discern the quantity used and prices paid. Then you compute the quantity you SHOULD HAVE USED given the output of robes. Finally, you can put it all together and complete this template. A separate tab in Excel has these steps for you. Click in cells to see calculations.