Here are the following standards for making one pizza dough


Question - Here are the following standards for making one pizza:

Dough: 0.4 pounds at $3 per pound

Labor: 0.25 hours at $10 per hours

Actual sales volume for the month was 7,000 units

Actual dough: 1750 pounds (total) for $2.25

Actual labor: 2100 hours (total) at $15 per hour

What are the input price variances for dough and labor?

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Accounting Basics: Here are the following standards for making one pizza dough
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