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Topper Toys has developed a new toy called the Brainbuster. The company has a st

ID: 2366877 • Letter: T

Question

Topper Toys has developed a new toy called the Brainbuster. The company has a standard cost system to help control costs and has established the following standards for the Brainbuster toy: Direct materials: 7 diodes per toy at $0.33 per diode Direct labor: 1.4 hours per toy at $7.20 per hour During August, the company produced 4,600 Brainbuster toys. Production data on the toy for August follow: Direct materials: 71,000 diodes were purchased at a cost of $0.31 per diode. 30,750 of these diodes were still in inventory at the end of the month. Direct labor: 6,840 direct labor-hours were worked at a cost of $52,668. Required: 1. Compute the following variances for August

Explanation / Answer

which variances are you talking about... The question is not complete...