rocket sprays manufactureing cost for july are Material cost $4,000 labor cost $3,000 Overhead $800 if rocket sprays one plant employee manufactured 10 bottles per mhours, and worked 8 hour per day for 20 days in july, what is the cost per bottle?
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
rocket sprays
Material cost $4,000
labor cost $3,000
if rocket sprays one plant employee manufactured 10 bottles per mhours, and worked 8 hour per day for 20 days in july, what is the cost per bottle?
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