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Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During Octob

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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
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