Swifty Inc., which produces a single product, has prepared the following standard cost sheet for...
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Swifty Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct materials pounds at $ per pound$ Direct labor hours at $ per hour$ Buring the month of April, the cohnpany manufactures units and incurs the following actual costs. Direct materials purchased and used pounds$ Direct labor hours$ Compute the total, price, and quantity variances for materials and labor. Total materials variance Materials price variance Materials quantity variance Total labor variance Labor price variance Labor quantity variance $ $ $ $ $ $ 
Swifty Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.
Direct materials pounds at $ per pound$
Direct labor hours at $ per hour$
Buring the month of April, the cohnpany manufactures units and incurs the following actual costs.
Direct materials purchased and used pounds$
Direct labor hours$
Compute the total, price, and quantity variances for materials and labor.
Total materials variance
Materials price variance
Materials quantity variance
Total labor variance
Labor price variance
Labor quantity variance
$
$
$
$
$
$
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