Calculate the standard dollar costs for the units of output. Calculate AHC factory overhead volume variance. Calculate a detailed analysis of AHC Labor using both rate and volume variance.

Economics Question

Affordable Handbags Company (AHC) has been in business for three years and is growing steadily through an increase in product production. The company creates three handbag-style products: shoulder bags, wallets, and strapless buckle bags.

1) Calculate the standard dollar costs for the units of output.

2 )Calculate AHC factory overhead volume variance.

3)Calculate a detailed analysis of AHC Labor using both rate and volume variance.