The SpitShine Company produced 5,400 gallons of brass polish in January. The direct labor quantity standard for
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The SpitShine Company produced 5,400 gallons of brass polish in January. The direct labor quantity standard for this polish is 0.2 hours per gallon, and the direct labor price standard is $12 per hour. During January, the following direct labor variances were recorded:
Direct labor price variance = $(660) unfavorable Direct labor efficiency variance = $(240) unfavorable Required: Compute the following related amounts: (1) the actual direct labor hours worked during January, and (2) the average actual wage rate paid per direct labor hour in january.
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Accounting Information For Business Decisions
ISBN: 9780030224294
1st Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley
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