the standards for direct labor for a product are 2.5 hours at $8 per hour. Last...
Homework Answers
SH = 9,000 units * 2.5 hours per unit = 22,500 hours
Labor efficiency variance = (AH - SH) SR
Labor efficiency variance = (AH - 22,500 hours) $8 per hour =
-$8,000
AH * $8 per hour - $180,000 = -$8,000
AH * $8 per hour = $172,000
AH = $172,000 / $8 per hour
AH = 21,500 hours
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the standards for direct labor for a product are 2.5 hours at $8 per hour. Last...
The standards for a product specify 2.5 direct labor-hours per unit at $13.20 per direct labor-hour....
The standards for a product specify 2.5 direct labor-hours per unit at $13.20 per direct labor-hour. Last month 3,160 units of the product were made using 8,100 direct labor-hours at a total direct labor wage cost of $104,085. a. What was the labor rate variance for the month? b.What was the labor efficiency variance for the month?
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The standards for a product specify 2.5 direct labor-hours per unit at $13.20 per direct labor-hour. Last month 3,160 units of the product were made using 8,100 direct labor-hours at a total direct labor wage cost of $104,085. a. What was the labor rate variance for the month? b.What was the labor efficiency variance for the month?
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16) The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate $ 8.7 hours 18.10 per hour The following data pertain to operations concerning the product for the last month: 3,800 hours Actual hours worked Actual total labor cost Actual output $ 67,640 500 units What is the labor efficiency variance for the month? A) $9,790 F B $11,095 U C) $9,955 F D) $11,095 F 1510)
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