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Fletcher Company collected the following data regarding production of one of its products. Compute the total...

Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) $ 25.50 per finished unit Actual direct labor hours 101,900 hrs. Actual finished units produced 50,000 units Actual cost of direct labor $ 1,355,750

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Answer #1
Actual cost of direct labor 1355750
Less: Standard cost of direct labor 1275000 =50000*25.50
Total direct labor cost variance 80750 Unfavorable
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