Homework Answers
VARIABLE MOH RATE VARIANCE:
Variable MOH rate variance = Actual hours x (Actual rate per DLH - Standard rate per DLH)
= 1,400 ($1.84-$2.00)
=224 favorable
DIRECT LABOR EFFICIENCY VARIANCE:
Direct labor efficiency variance = Standard price per DLH (Actual hours - Standard hours)
=$15(1,400-1,380)
= 300 Unfavorable
Calculations:
i.Calculation of budgeted labor hours:
Standard labor hours = Budgeted variable MOH ÷ Cost per DLH
= $2,700/$2.00
=1,350 direct labor hours.
ii.Calculation of cost per budgeted direct labor hour (DLH):
Cost per budgeted direct labor hour = Total budgeted cost of direct labor ÷ Budgeted labor hours
=$20,250/1,350
=$15 per DLH
iii.Calculation of Standard hours for actual production:
Standard hours = Budgeted direct labor hours x (Actual production ÷ Budgeted production)
= 1,350 x (920/900)
=1,380 direct labor hours
iv. Calculation of Actual variable cost and Actual variable cost per direct labor hour (DLH):
Actual variable cost - Standard variable cost = ($0.20 x 920 tablets) Favorable
Actual variable cost - (Standard labor hours x Variable MOH per DLH) = -$184
Actual variable cost - (1,380 x $2.00) = -184
Actual variable cost = $2,576
Actual Variable cost per DLH = $2,576/1,400 = $1.84
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