Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly...
Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly rate of $17.00 per hour. If 4,900 units required 28,200 hours at an hourly rate of $17.68 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
| a. Direct labor rate variance | $ | |
| b. Direct labor time variance | $ | |
| c. Total direct labor cost variance | $ |
Homework Answers
Labor rate variance = (SR-AR) *AH
= (17-17.68)*28200
= 19176 Unfavorable
Labor time variance = (SH-AH) *SR
= (4900*6 - 28200)*17
= - 20,400 Favourable
Labor cost variance = 19176U + 20400F
= - 1224 Favourable
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