Business, 17.07.2020 22:01 deanlmartin

Charlene tracked the actual costs incurred by Tom and Tony for granite installation for the next 6 months. She found that they completed 50 jobs with an average of 32 square feet of granite installed in each one. The following information on actual amounts used and cost was gathered: Granite purchased and used (1,640 sq. ft.) $79,048 Glue purchased and used (16,000 oz.) $ 2,560 Actual hours cutting labor 180 Actual hours installation labor 390 The actual wage rate for cutting and installation labor remained unchanged from the standard rate. Required: If an amount is zero, enter "0" and select neither from the dropdown. 1. Calculate the materials price variances and materials usage variances for granite and for glue for the past six months.

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