P11-3A Kohler Clothiers manufactures women�s business suits. The company use
P11-3A Kohler Clothiers manufactures women�s business suits. The company uses a standard cost accounting system. In March 2005, 11,800 suits were made. The following standard and actual cost data applied to the month of March when normal capacity was 15,000 direct labor hours. All materials purchased were used in production. Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $94,500, and budgeted variable overhead costs were $45,000. Instructions (a) Compute the total, price, and quantity variances for (1) materials and (2) labor, and (3) the total, controllable, and volume variances for manufacturing overhead.
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