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What is the total direct material price variance

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Question - One batch of fudge has standard costs and amounts below:

Standard quantity of sugar (kg) 100

Standard cost per kilogram of sugar $1.9

Standard direct labour hours per batch of fudge 2

Standard direct labour cost per hour $18

Actual production: 400 batches of fudge

Actual kilograms of sugar used per batch of fudge 102

Actual cost per kilogram of sugar $2.1

Actual direct labour hours per batch of fudge 1.8

Actual direct labour cost per hour $17.5

What is the total direct material price variance, total direct materials usage variance, total direct labour price variance, total direct labour efficiency variance, and total flexible budget variance?

Reference no: EM132282261

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