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    EBK's Avatar
    EBK Posts: 1, Reputation: 1
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    #1

    Apr 16, 2009, 05:45 PM
    Cost variances and quality management
    Material and labor variances for timber industries were as follows:
    Material price variance- favorable
    Material usage variance- unfavorable
    Direct labor rate variance- favorable
    Direct labor efficiency variance- unfavorable

    Required:
    Based on the facts stated, identify contributing factors for the variances noted. And discuss how timber industries could use variance analysis
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    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Apr 16, 2009, 07:39 PM

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