Question

Required information [The folowing Information applies to the questions displayed below] A manufactured product has the following information for June. Direct materials Direct labor (6 lbs. e $7 per lb.) (2 hrs. e $15 per hr.) (2 hrs. $13 per h.)$206, 800 46, 800 Ibs. $7.10 per lb 15, 100 hrs. e $15.50 per hr Units manufactured 1,700 Compute the direct labor rate varlance and the direct labor efficlency varlance. Indicate whether each varlance is favorable or unfavorable AH-Actual Hours SH- Standard Hours AR Actual Rate SR Standard Rate Cost Standard Cost AH AR SH AR AH SR Direct materials quantity variance Direct materials price variance Total direct labor variance

Answer 1