Determine the Bravos variances

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Question 1: Bravo Baking uses standard costing to analyze its performance. The data below is provided for your use in determining Bravo's variances.

  • Standard Cost per unit Cost/Unit Amount/Unit Standard Cost
  • Material Cost (ingredients) (.5lbs) 2.29 .5lbs $4.58
  • Direct Labor (.25hrs*$9/hr) 2.25 .25 $9.00
  • Overhead 0.57
  • Total 5.11

Reference no: EM132448607

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