How to calculate spending variance

Calculate the cost variance for direct labor [ 1 Answers ]

Actual cost @ actual volume = $1,800 Standard cost @ actual volume = $1,300 Standard cost @ Standard volume = $1,100 Calculate the cost variance for direct labor:

How do I calculate the capacity variance... [ 1 Answers ]

Variable overheads $257,600 Fixed overheads $123,200 Estimated machine hours 22,400 Actual overheads $360,500 actual machine hours 20,970 This is all I've been given to work with?

Calculate Materials Price Variance [ 3 Answers ]

Company X has a price standard of $2 per lbs. 5,000 lbs was bought at $2.20 per lbs. The actual quantity used was 5,000 lbs, although the standard quantity for output was 4,500 lbs What is Company X's material price variance?

What is the formula to find spending variance [ 1 Answers ]

How is spending variance calculated?

Calculate Quantity Variance [ 1 Answers ]

Company X has a price standard of $2 per lbs. 5,000 lbs was bought at $2.20 per lbs. The actual quantity used was 5,000 lbs, although the standard quantity for output was 4,500 lbs What is Company X's quantity variance?

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