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Reenu Company manufactures wigs out of used dental floss. The variable cost standards for wig production developed by Reenu are as follows:standard cost per wig$ 11.400.75hours $12.00 $9.00variable overhead 0.75hours $10.00 $7.50Variable overhead at Reenu is based on direct labor-hours. The actual results for the month of October were as follows12,500direct labor-hours incurred 10.200pounds of direct materials purchased 42,000pounds of direct materials used in production 38,200cost of direct materials pruchaesd $157,920direct labor cost $119,700variable overhead cost $98,600What is Reenu’s materials quantity variance for October?$2,660 unfavorable $14,440 unfavorable $17,100 unfavorable $51,300 unfavorable
Reenu Company manufactures wigs out of used dental floss. The variable cost standards for wig production developed by Reenu are as follows:standard standard cost standard cost quantity per wig per…
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