Question

A manufactured product has the following information for June.

Standard Actual
Direct materials (5 lbs. @ $8 per lb.) 42,900 lbs. @ $8.10 per lb.
Direct labor (3 hrs. @ $16 per hr.) 25,200 hrs. @ $16.50 per hr.
Overhead (3 hrs. @ $11 per hr.) $ 287,400
Units manufactured 8,500

AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate variance and the dire
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Answer #1
Actual Cost Standard cost
AH AR AH*AR AH SR AH*SR SH SR SH*SR
25200 16.50 415800 25200 16 403200 25500 16 408000
12600 4800
Labor rate variance 12600 Unfavorable
Labor efficiency variance 4800 Favorable
Total labor variance 7800 Unfavorable
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