The following data pertain to June operations for the Harley Company: Actual output was 750 units. The Company's per unit standards call for 9 yards of direct material at $9.00 per yard and 3 hours of direct labour at $10.50 per hour.
Required: Compute the price and usage variances for direct material and direct labour.

Question

The following data pertain to June operations for the Harley Company:  Actual output was 750 units. The Company's per unit standards call for 9 yards of direct material at $9.00 per yard and 3 hours of direct labour at $10.50 per hour.
Required: Compute the price and usage variances for direct material and direct labour.

Quizplus · Accepted Answer

The Answer of The following data pertain to June operations for the Harley Company:  Actual output was 750 units. The Company's per unit standards call for 9 yards of direct material at $9.00 per yard and 3 hours of direct labour at $10.50 per hour.
Required: Compute the price and usage variances for direct material and direct labour.

The Following Data Pertain to June Operations for the Harley