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Hofburg‘s standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $2 per pound and $7 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost of Hofburg‘s product is Question 9 Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had planned to make only 3,300 units. Total yards used for production were 3,960. How much is the total materials variance? Question 10 Unfavorable materials price and quantity variances are generally the responsibility of the Price Quantity. =========================================== ACC 560 Week 9 Assignment 2 Johnson Controls Capital Investments (2 Papers) FOR MORE CLASSES VISIT www.acc560mart.com This Tutorial contains 2 Different Papers Visit the Website of Johnson Controls Inc., located at http://www.johnsoncontrols.com, and review its 2012 financial forecasts. According to the forecasts, Johnson Controls will