Solution-Indicate whether the variances are favorable or

Indicate whether the variances are favorable or unfavorable

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Question 1: Star brand uniforms uses a standard costing system. The standard material and lobor for producing a marching band hat are as follows: ( $10.80 Direct hours 514.00) 16.50 During the company produced band hats4,000 yards of material were purchased $42,000, and 3,100 yards of material were used in production. Also during May direct labor hours were worked cost of $62,000. material price and quantity Variances and labor rate and variances. Indicate whether the variances are favorable or unfavorable (Round intermediate calculations to places to decimal places 125.

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Indicate whether the variances are favorable or unfavorable

Reference no: EM132569088

Reference no: EM132569088

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