Given the following information regarding direct labor: Actual direct labor hours = 24,000 hours; Actual rate...
Given the following information regarding direct labor: Actual direct labor hours = 24,000 hours; Actual rate per direct labor hour = $14 per hour; Standard direct labor hours per unit = 3 hours per unit; Standard rate per direct labor hour = $11 per hour; Units produced = 9,000 units :
-What is the direct labor rate variance? (AR - SR) x AH ?
-What is the direct labor efficiency variance? (AH - SH allowed) x SR ?
Homework Answers
Standard labor hours = 9,000 X 3 = 27,000
Actual direct labour hours = 24,000
Direct labour efficiency variance:
= (24,000 - 27,000) X $11
= $33,000 Favourable
$33,000 favourable because the actual labour hours are less than standard labor hours.
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