STD COSTSTD QUANSTD PRICE PRICE VARIANCE

DIRECT MATERIAL 15.2 8KG 1.9 PER KG 28000(60000/30000-1.9) 2800

DIRECT LABOR 1.6 0.2Hr 8PER HR
TOTAL 16.8

DIRECT LABOR RATE VARIANCE

1000(8000*90%/1000-8) -800

purchase raw material

Debit Credit
Direct
material Account
variance payeble

Direct lbor rate variance

unfavorable variance favorable variance
QUANTITY VARIANCE PURCHASE PRICE VARIANCE
1.9*(28000-4000*8) -7600 30000(2-1.9)

Direct labor efficiency variance

800*(1000-4000*0.2) 160000
3000