During March,Raining Unlimited Produced 5,500 Umbrellas from Nylon That Costs

Essay

During March,Raining Unlimited produced 5,500 umbrellas from nylon that costs $0.45 per metre,which is $0.05 per metre cheaper than the standard cost.It also used 3,000 direct labour hours at a rate of $6.50 per hour.Its direct materials standard is 1 m per umbrella.Its direct labour standard is 0.5 hour per umbrella.
Its materials usage variance was a favourable $500,and its labour rate variance was a favourable $900.