Essay
Vienna Chocolate Company produces fudge in large batches. One batch of fudge has the following standard costs and amounts:
Vienna Chocolate Company produced 400 batches of fudge in the most recent month. Actual input costs and per batch usage levels were as follows:
Required:
a. Calculate the total material input rate variance.
b. Calculate the total material efficiency variance.
c. Calculate the total labour rate variance.
d. Calculate the total labour efficiency variance.
Correct Answer:
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a. Material input rate variance
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Correct Answer:
Verified
(($1.90 ...
View Answer
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