Better Blankets,Inc.makes a SnuggieBlank using flannel material and trim binding.They have instituted a successful JIT system and thus no longer have to stock inventory prior to their production need.The Standard Cost Card for The SnuggieBlank model is shown. 
The company reported the following results concerning January results: 
The material quantity variance for Trim used in January is:
Definitions:
Labour Efficiency Variance
The difference between the actual labor hours used and the standard labor hours expected for the level of production achieved.
Variable Overhead
Indirect manufacturing costs that vary with the level of production output, such as utilities and maintenance expenses.
Labour Rate Variance
The difference between the actual cost of labor and its budgeted (or standard) cost, often arising from paying different wages than anticipated.
Flexible Budget Variance
A financial performance measure that compares actual results with expected outcomes based on different levels of production or sales activity.
Q13: The high-low point method results can be
Q19: The flexible budget usually shows<br>A) only fixed
Q22: When a business is organized into separate
Q28: How often should intravenous (IV)rounds be performed
Q35: Fill in the blanks in the Quantity
Q36: When perpetual inventories are maintained in a
Q74: If a corporation issued stock for $70,000
Q76: Department B had net sales of $70,000,gross
Q86: The following information appears on the income
Q97: Costs that cannot be directly assigned to