Business, 23.07.2019 01:40 zaire8

Amanufactured product has the following information for june. standard actual direct materials (6 lbs. @ $8 per lb.) 48,500 lbs. @ $8.10 per lb. direct labor (2 hrs. @ $16 per hr.) 15,700 hrs. @ $16.50 per hr. overhead (2 hrs. @ $12 per hr.) $ 198,000 units manufactured 8,000 compute the direct materials price variance and the direct materials quantity variance. indicate whether each variance is favorable or unfavorable. aq = actual quantity sq = standard quantity ap = actual price sp = standard price

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