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  3. 16.46 16.41 16.45 16.35 16.37 16.39 16.36 16.25 16

16.46 16.41 16.45 16.35 16.37 16.39 16.36 16.25 16.23 16.24 6 Standard cost Standard Actual...

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Accounting

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16.46 16.41 16.45 16.35 16.37 16.39 16.36 16.25 16.23 16.24 6 Standard cost Standard Actual per unit of quantity of input Actual Cost Quantitity 160,000 yards 142,500 yards Data Input Direct material purchased input 297,600 8.5 per unit 0.25 per unit 1.8 Direct material used 8 45,000 5,000 hours Cost of labor used (% DL) Units produced 90% 19,000 units Standard cost Quantity or Usage Variance Price or F Variance Analysis for Production Inputs Direct material purchased* Standard cost Spending allowed for actual or or U for actual output quantity of input Actual Cost Variance U Direct material used Direct labor Total Direct material price variance is recognized at the time of purchase

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