the impact of variance on unit cost/lander..

the impact of variance on unit cost/lander manufacrures a number of products the standard relating to one of these product are showing along with actual cost data 4 may/direct material standard-1.80 feet at 3.00 per foot standard cost per unit=5.40 actual 1.75 ft at 3.20 per foot=5.60/direct labor standard =0.90 at 18.00per hr standard cost per unit=16.20 actual=0.95 hr at 17.40. per hr actual cost per unit=16.53/ variable overhead standard=0.90 hr at 5.00 per hr standard cost per unit=4.50 actual-0.95 hr at 4,60 per hr- actual cost per unit=4.37 total cost per unit standard cost per unit=26.10 actual cost per unit=26.50 excess of actual cost over standard cost per unit=0.40.the production manager was please when he saw this report and he said 0.40 excess cost is well within 2 percent limit management has set for acceptable variance and not to worry about this product/ actual production 4 the month was 12,000 unit/ variable overhead cost is assign to products on the basis of direct labor hrs/ there were nobeginning or ending inventory ofmaterial/ I need to prepar and compute the following variance 4 may/ material price and quanity variance/ labor rate and efficiency variance / variable overhead rate and efficiency variance/ how much of the 0.40 excess unit cost is traceable to each of the variance compute above/ how much of the 0.40 excess unit cost is traceable to apprerent inefficient use of labor time/ d u agree that the excess unt cost is not of corcern and explain jacdumb

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