Direct Labor cost variance - October | |||||||
Actual cost | Standard cost for actual quantity | Standard cost | |||||
Actual hours * Actual rate = | Actual hours * Standard rate = | Standard hour * standard rate = | |||||
12100 * 16 | $193600 | 12100* 15.8 | $191180 | 12800*15.8 | $202240 | ||
$2420 UF | $11060 F | ||||||
Direct Labor rate variance | Direct Labor efficiency variance | ||||||
Direct labor rate variance | $2420 UF | ||||||
Direct labor efficiency variance | $11060 F | ||||||
Direct labor cost variance | $8640 F | ||||||
Direct Labor cost variance - November | |||||||
Actual cost | Standard cost for actual quantity | Standard cost | |||||
Actual hours * Actual rate = | Actual hours * Standard rate = | Standard hour * standard rate = | |||||
16100 * 16.05 | $258405 | 16100* 15.8 | $254380 | 13600 * 15.8 | $214880 | ||
$4025 UF | $39500 UF | ||||||
Direct Labor rate variance | Direct Labor efficiency variance | ||||||
Direct labor rate variance | $4025 UF | ||||||
Direct labor efficiency variance | $39500 UF | ||||||
Direct labor cost variance | $43525 F |
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 $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 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 $16.70 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 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 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 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...
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 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...
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 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...