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Question -
1. For the most recent period, production at Sampson Pharmaceuticals required 5,200 labor hours at a rate of $13.60 per hour. The standard was 5,000 hours at a cost of $14.00 per hour. Calculate the labor quantity variance.
2. When the actual quantity of materials used differs from standard, the investigation usually starts with which department?
3. In manufacturing medical equipment, Alliance Medical, Inc. used 4,200 feet of direct materials at a cost of $5.50 per pound. The standard was 4,400 feet at $5.70 per foot. Calculate the materials price variance.
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