Javonte Co. set standards of 3 hours of direct labor per unit of product and $15.60 per hour for the labor rate. During October, the company uses 18,000 hours of direct labor at a $284,400 total cost to produce 6,200 units of product. In November, the company uses 22,000 hours of direct labor at a $348,700 total cost to produce 6,600 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate (1) Compute the direct labor rate variance, the direct labor efficiency variance, and the total direct labor cost variance for each of these two months. Classify each variance as favorable or unfavorable. (2) Javonte investigates variances of more than 5% of actual direct labor cost. Which direct labor variances will the company investigate further?
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Javonte Co. set standards of 3 hours of direct labor per unit of
product and $15.60...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.50...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.50 per hour for the labor rate. During October, the company uses 13,800 hours of direct labor ata $230,460 total cost to produce 7,100 units of product. In November, the company uses 17,800 hours of direct labor at a $298,150 total cost to produce 7,500 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate (1)...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.70...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.70 per hour for the labor rate. During October, the company uses 14,000 hours of direct labor at a $236,600 total cost to produce 7,300 units of product. In November, the company uses 18,000 hours of direct labor at a $305,100 total cost to produce 7,700 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.50...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.50 per hour for the labor rate. During October, the company uses 13,800 hours of direct labor at a $230,460 total cost to produce 7,100 units of product. In November, the company uses 17,800 hours of direct labor at a $298,150 total cost to produce 7,500 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
Javonte Co set standards of 2 hours of direct labor per unit of product and $16.10...
Javonte Co set standards of 2 hours of direct labor per unit of product and $16.10 per hour for the labor rate. During October, the company uses 13,000 hours of direct labor ata $211,900 total cost to produce 6,700 units of product. In November, the company uses 17,000 hours of direct laborat a $277.950 total cost to produce 7100 units of product . AH Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate (1) Compute the...
Javonte Co. set standards of 3 hours of direct labor per unit of product and $16.60...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $16.60 per hour for the labor rate. During October, the
company uses 21,000 hours of direct labor at a $352,800 total cost
to produce 7,200 units of product. In November, the company uses
25,000 hours of direct labor at a $421,250 total cost to produce
7,600 units of product.
AH = Actual Hours
SH = Standard Hours
AR = Actual Rate
SR = Standard Rate...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During October, the company uses 12,100 hours of direct labor at a $193,600 total cost to produce 6,400 units of product. In November, the company uses 16,100 hours of direct labor at a $258,405 total cost to produce 6,800 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
Javonte Co set standards of 3 hours of direct labor per unit of product and $15.90...
Javonte Co set standards of 3 hours of direct labor per unit of product and $15.90 per hour for the labor rate. During October, the company uses 19,000 hours of direct labor ata $305.900 total cost to produce 6,500 units of product. In November, the company uses 23.000 hours of direct laborat a $371.450 total cost to produce 6,900 units of product. AH - Actual Hours SH - Standard Hours AR - Actual Rate SR - Standard Rate (1) Compute...
Javonte Co. set standards of 3 hours of direct labor per unit of product and $16.20...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $16.20 per hour for the labor rate. During October, the
company uses 20,000 hours of direct labor at a $328,000 total cost
to produce 6,800 units of product. In November, the company uses
24,000 hours of direct labor at a $394,800 total cost to produce
7,200 units of product. AH = Actual Hours SH = Standard Hours AR =
Actual Rate SR = Standard Rate...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.70...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.70 per hour for the labor rate. During October, the company uses 12,000 hours of direct labor at a $190,800 total cost to produce 6,300 units of product. In November, the company uses 16,000 hours of direct labor at a $255,200 total cost to produce 6,700 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
HOW DO I CALCULATE? Javonte Co. set standards of 2 hours of direct labor per unit...
HOW DO I CALCULATE?
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.10 per hour for the labor rate. During October, the company uses 13,000 hours of direct labor at a $211,900 total cost to produce 6,700 units of product. In November, the company uses 17,000 hours of direct labor at a $277,950 total cost to produce 7,100 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.50 per hour for the labor rate. During October, the company uses 13,800 hours of direct labor ata $230,460 total cost to produce 7,100 units of product. In November, the company uses 17,800 hours of direct labor at a $298,150 total cost to produce 7,500 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate (1)...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.50 per hour for the labor rate. During October, the company uses 13,800 hours of direct labor at a $230,460 total cost to produce 7,100 units of product. In November, the company uses 17,800 hours of direct labor at a $298,150 total cost to produce 7,500 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
Javonte Co set standards of 2 hours of direct labor per unit of product and $16.10 per hour for the labor rate. During October, the company uses 13,000 hours of direct labor ata $211,900 total cost to produce 6,700 units of product. In November, the company uses 17,000 hours of direct laborat a $277.950 total cost to produce 7100 units of product . AH Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate (1) Compute the...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $16.60 per hour for the labor rate. During October, the
company uses 21,000 hours of direct labor at a $352,800 total cost
to produce 7,200 units of product. In November, the company uses
25,000 hours of direct labor at a $421,250 total cost to produce
7,600 units of product.
AH = Actual Hours
SH = Standard Hours
AR = Actual Rate
SR = Standard Rate...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During October, the company uses 12,100 hours of direct labor at a $193,600 total cost to produce 6,400 units of product. In November, the company uses 16,100 hours of direct labor at a $258,405 total cost to produce 6,800 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
Javonte Co set standards of 3 hours of direct labor per unit of product and $15.90 per hour for the labor rate. During October, the company uses 19,000 hours of direct labor ata $305.900 total cost to produce 6,500 units of product. In November, the company uses 23.000 hours of direct laborat a $371.450 total cost to produce 6,900 units of product. AH - Actual Hours SH - Standard Hours AR - Actual Rate SR - Standard Rate (1) Compute...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $16.20 per hour for the labor rate. During October, the
company uses 20,000 hours of direct labor at a $328,000 total cost
to produce 6,800 units of product. In November, the company uses
24,000 hours of direct labor at a $394,800 total cost to produce
7,200 units of product. AH = Actual Hours SH = Standard Hours AR =
Actual Rate SR = Standard Rate...
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.70 per hour for the labor rate. During October, the company uses 12,000 hours of direct labor at a $190,800 total cost to produce 6,300 units of product. In November, the company uses 16,000 hours of direct labor at a $255,200 total cost to produce 6,700 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate...
HOW DO I CALCULATE?
Javonte Co. set standards of 2 hours of direct labor per unit of product and $16.10 per hour for the labor rate. During October, the company uses 13,000 hours of direct labor at a $211,900 total cost to produce 6,700 units of product. In November, the company uses 17,000 hours of direct labor at a $277,950 total cost to produce 7,100 units of product. AH = Actual Hours SH = Standard Hours AR = Actual Rate...
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