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Ozark Industries Gathered the Following Direct Labor and Direct Materials

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Ozark Industries gathered the following direct labor and direct materials cost information for the month of April:
Ozark Industries gathered the following direct labor and direct materials cost information for the month of April:    Calculate the following ratios: ( A)direct labor price variance (b)direct labor usage variance (c)direct materials price variance (d)direct materials usage variance (e)direct materials inventory variance Calculate the following ratios:
(
A)direct labor price variance
(b)direct labor usage variance
(c)direct materials price variance
(d)direct materials usage variance
(e)direct materials inventory variance

Correct Answer:

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(a)($15.20 - $14.50)x 27,800 =...

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