The following data relate to direct labor costs for the current
period:
Standard costs | 7,500 hours at $11.70 |
Actual costs | 6,000 hours at $12.00 |
What is the direct labor time variance?
a.$18,000 unfavorable
b.$18,000 favorable
c.$17,550 unfavorable
d.$17,550 favorable
Labor time variance = (SH - AH) * SR = (7500 - 6000) * 11.70 = 17550 F Option D is the answer |
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The following data relate to direct labor costs for the current period: Standard costs 7,500 hours...
The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.70 Actual costs 6,000 hours at $12.00 The direct labor time variance is a.$18,000 favorable b.$17,550 favorable c.$18,000 unfavorable d.$17,550 unfavorable
The following data relate to direct labor costs for the current period: Standard costs Actual costs 6,900 hours at $11.70 6,400 hours at $10.20 What is the direct labor rate variance? a. $15,450 unfavorable b. 59,600 favorable C. $15,450 favorable Od. 55,850 favorable
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A. The standard costs and actual costs for direct materials for the manufacture of 2,240 actual units of product are as follows: Standard Costs Direct materials 2,240 kilograms @$8.60 Actual Costs Direct materials 2,300 kilograms The direct materials quantity variance is? Choose the correct answer below $413 favorable $516 unfavorable $516 favorable $413 unfavorable B. The following data relate to direct labor costs for the current period: Standard costs 7,200 hours at $11.30 Actual costs 6,400 hours at $10.80 What...
The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows: Standard Costs Direct labor 7,500 hours @ $11.80 Actual Costs Direct labor 7,400 hours @ $11.40 The direct labor time variance is a.$1,140 favorable b.$1,180 unfavorable c.$1,180 favorable d.$1,140 unfavorable
The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows: Standard Costs Direct labor 7,500 hours at $11.80 Actual Costs Direct labor 7,400 hours at $11.40 The direct labor time variance is a.$1,180 favorable b.$1,140 favorable c.$1,180 unfavorable d.$1,140 unfavorable
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