Hospital variances. Assume Ashland Community Hospital had the following supplies costs for two products used in its operating room. Standard costs for one surgery: Item X, 5 pieces at $50 each; Item...

Hospital variances. Assume Ashland Community Hospital had the following supplies costs for two products used in its operating room. Standard costs for one surgery: Item X, 5 pieces at $50 each; Item Y, 10 pieces at $75 each. During August the following data apply to the hospital: