131. Compute the direct materials price and quantity variances for Taylor Company.
132. Compute the direct labor rate and time variances for Taylor Company.
133. Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:
Actual costs1,550 lbs. at $9.10
Standard costs1,600 lbs. at $9.00
Determine the direct materials (a) quantity variance, (b) price variance, and (c) total cost variance.
134.
