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Tharaldson Corporation makes a product with the following standard costs: Standard Standard Quantity or Standard Price or CosTharaldson Corporation makes a product with the following standard costs: Standard Standard Quantity or Standard Price or Cos


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Answer #1

1. Voh rate variance = (SR-AR) *AH

= (7-3600/480)*480

= 240 U

2. Voh efficiency variance = (SH-AH) *SR

= (2600*0.4 - 470)*6

= 3420 F

3. Labor rate variance = (SR-AR) *AH

= (14-12400/550)*550

= 4700 U

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