**Exercise-1 (Computation of materials price and quantity variance)**

# Standard costing and variance analysis

## [Exercises]

**Exercise-2 (Materials and labor variance, causes of variances)**

**Exercise-3 (Labor and variable overhead variances)**

**Exercise-4 (Materials price and quantity variance; labor rate and efficiency variance)**

**Exercise-5 (Working backward from materials and labor variances)**

**Exercise-6 (Materials, labor and variable overhead variances)**

**Exercise-7 (Variance analysis with journal entries)**

**Exercise-8 (Computation of actual hours worked by working backward)**

**Exercise-9 (Materials and labor variances; computations from incomplete or missing data)**

**Exercise-10 (Comprehensive variance analysis, complex computations)**

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