A manufactured product has the following information for June. Standard Actual 6 lbs. @ $9 per lb. Direct materials Dire
Posted: Wed May 04, 2022 7:07 am
A manufactured product has the following information for June. Standard Actual 6 lbs. @ $9 per lb. Direct materials Direct labor Overhead 47,300 lbs. @ $9.10 per lb. 15,300 hrs. @ $16.60 per hr. 2 hrs. @ $16 per hr. 2 hes. @ $12 per hr. Units manufactured $192,500 7,800 Compute the direct labor rate variance and the direct labor efficiency varlance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places.) AH Actual Hours. SH - Standard Hours AR Actual Rate SR Standard Rate. Standard Cost ✪ Actual Cost