Helix Company produces several products in its factory, including a karate robe. The company uses a standard cost system to assist in the control of...

$26.00

At standard, each robe should require 2.8 metres of material. All of the materials purchased during the month were used in production.

Required:

Compute the following variances for April:

1. The materials price and quantity variances.

2. The labour rate and efficiency variances.

3. The variable manufacturing overhead spending and efficiency variances.

4. The fixed manufacturing overhead budget and volume variances.