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ACE CORP HAS THE FOLLOWING DL STANDARDS:
DLHRS/UNIT 1.25
DL COST/HR $32
ACE USED 21,780 DLHRS TO PRODUCE 18,000 UNITS. ACTUAL DL COSTS = $713,295.
WHAT IS THE AMOUNT OF THE DL PRICE VARIANCE? (1 POINT) ___________
IS THE VARIANCE FAVORABLE OR UNFAVORABLE? (1 POINT) ___________
REFER TO QUESTION 1.
WHAT IS THE AMOUNT OF THE DL EFFICIENCY VARIANCE? (1 POINT) _________
IS THE VARIANCE FAVORABLE OR UNFAVORABLE? (1 POINT) __________
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