Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $17.20 per hour. Produc
Posted: Thu May 19, 2022 11:35 am
Japan Company produces lamps that require 2 standard hours per
unit at a standard hourly rate of $17.20 per hour. Production of
7,900 units required 16,120 hours at an hourly rate of $17.70 per
hour.
What is the direct labor (a) rate variance, (b) time variance,
and (c) total cost variance? Enter favorable variances as negative
numbers.
FavorableUnfavorable
FavorableUnfavorable
FavorableUnfavorable
unit at a standard hourly rate of $17.20 per hour. Production of
7,900 units required 16,120 hours at an hourly rate of $17.70 per
hour.
What is the direct labor (a) rate variance, (b) time variance,
and (c) total cost variance? Enter favorable variances as negative
numbers.
FavorableUnfavorable
FavorableUnfavorable
FavorableUnfavorable