Direct labor variances Bellingham Company produces a product that requires 3 standard direct labor hours per unit at a s
Posted: Sun Jun 05, 2022 5:23 pm
Direct labor variances
Bellingham Company produces a product that requires 3 standard
direct labor hours per unit at a standard hourly rate of $21.00 per
hour. 15,700 units used 65,500 hours at an hourly rate of $19.95
per hour.
This information has been collected in the Microsoft Excel
Online file. Open the spreadsheet, perform the required analysis,
and input your answers in the questions below.
Open spreadsheet
What is the direct labor (a) rate variance, (b) time
variance, and (c) cost variance? Round your answers to the
nearest dollar. Enter a favorable variance as a negative number
using a minus sign and an unfavorable variance as a positive
number.
FavorableUnfavorableFavorable
FavorableUnfavorableUnfavorable
FavorableUnfavorableUnfavorable
Bellingham Company produces a product that requires 3 standard
direct labor hours per unit at a standard hourly rate of $21.00 per
hour. 15,700 units used 65,500 hours at an hourly rate of $19.95
per hour.
This information has been collected in the Microsoft Excel
Online file. Open the spreadsheet, perform the required analysis,
and input your answers in the questions below.
Open spreadsheet
What is the direct labor (a) rate variance, (b) time
variance, and (c) cost variance? Round your answers to the
nearest dollar. Enter a favorable variance as a negative number
using a minus sign and an unfavorable variance as a positive
number.
FavorableUnfavorableFavorable
FavorableUnfavorableUnfavorable
FavorableUnfavorableUnfavorable