4) Direct labor variance
Actual Cost | Standard cost | |||||||||
AH | AR | AH*AR | AH | SR | AH*SR | SH | SR | SH*SR | ||
20000 | 11.10 | 222000 | 20000 | 11 | 220000 | 27000 | 11 | 297000 | ||
2000 | 77000 | |||||||||
Direct labor rate variance | 2000 | Unfavorable | ||||||||
Direct labor time variance | 77000 | Favorable | ||||||||
Total labor variance | 75000 | Favorable | ||||||||
Required information [The following information applies to the questions displayed below.] Antuan Company set the following...
Required information [The following information applies to the questions displayed below.) Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $5.00 per Ib.) Direct labor (1.8 hrs. @ $11.00 per hr.) Overhead (1.8 hrs. @ $18.50 per hr.) Total standard cost $ 20.00 19.80 33.30 $73.10 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per...
Required information [The following information applies to the questions displayed below.) Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $5.00 per Ib.) Direct labor (1.8 hrs. @ $11.00 per hr.) Overhead (1.8 hrs. @ $18.50 per hr.) Total standard cost $20.00 19.80 33.30 $ 73.10 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per...
Required information [The following information applies to the questions displayed below.) Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $4.ee per Ib.) Direct labor (1.8 hrs. @ $12.00 per hr.) Overhead (1.8 hrs. @ $18.50 per hr.) Total standard cost $16.00 21.60 33.38 $79.90 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month....
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $6.00 per Ib.) Direct labor (1.9 hrs. @ $13.00 per hr.) Overhead (1.9 hrs. @ $18.50 per hr.) Total standard cost $24.00 24.70 35.15 $83.85 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month....
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $6.00 per Ib.) $ 24.00 Direct labor (2.0 hrs. @ $13.00 per hr.) 26.00 Overhead (2.0 hrs. @ $18.50 per hr.) 37.00 Total standard cost $ 87.00 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory’s capacity of 20,000 units...
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $6.00 per Ib.) Direct labor (1.9 hrs. @ $13.00 per hr.) Overhead (1.9 hrs. @ $18.50 per hr.) Total standard cost $24.00 24.70 35.15 $83.85 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month....
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (3.0 Ibs. @ $6.00 per Ib.) $ 18.00 Direct labor (2.0 hrs. @ $10.00 per hr.) 20.00 Overhead (2.0 hrs. @ $18.50 per hr.) 37.00 Total standard cost $ 75.00 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory’s capacity of 20,000 units...
Required information [The following information applies to the questions displayed below. Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs.$5.00 per Ib.) $20.00 Direct labor (1.8 hrs. e $11.00 per hr.) Overhead (1.8 hrs. $18.50 per hr. Total standard cost 5 19.80 33.30 $73.10 The predetermined overhead rte ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month. Following are...
Required information [The following information applies to the questions displayed below Antuan Company set the following standard costs for one unit of its product. Direct materials (5.0 Ibs. $6.00 per Ib.) $30.00 Direet labor (1.8 hre. $14.00 per hr.) Overhead (1.8 hrs. $18.50 per hr. Total standard co 25.20 33.30 $88.50 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month. Following are the...
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $4.00 per Ib.) $ 16.00 Direct labor (1.9 hrs. @ $11.00 per hr.) 20.90 Overhead (1.9 hrs. @ $18.50 per hr.) 35.15 Total standard cost $ 72.05 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factory’s capacity of 20,000 units...