Refer to the information presented in E10 8 for Easy Roller Required Calculate Easy Rollers direct labor rate and efficiency variances Data from E10 8 Easy Roller, Inc , manufactures plastic mats to use with rolling office chairs Its standard cost information for last year follows Easy Roller had the following actual results for the past year Direct costs Plastic Direct labor Variable manufacturing overhead Fixed manufacturing overhead ($360,000 900,000 units) Standard Quantity Standard Price (Rate) Standard Unit Cost 12 sq ft $ 0 75 per sq ft $9 00 25 hr 12 00 per hr 3 00 1 20 per direct labor hour 0 30 0 40

Question: Refer to the information presented in E10-8 for Easy Roller. Required: Calculate Easy Rollers direct labor rate and efficiency variances. Data from E10-8 Easy Roller,

Refer to the information presented in E10-8 for Easy Roller.

Required:

Calculate Easy Roller’s direct labor rate and efficiency variances.

Data from E10-8

Easy Roller, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

Direct costs Plastic Direct labor Variable manufacturing overhead Fixed manufacturing overhead ($360,000/900,000

Easy Roller had the following actual results for the past year.

units) Standard Quantity Standard Price (Rate) Standard Unit Cost 12 sq ft.

Direct costs Plastic Direct labor Variable manufacturing overhead Fixed manufacturing overhead ($360,000/900,000 units) Standard Quantity Standard Price (Rate) Standard Unit Cost 12 sq ft. $ 0.75 per sq. ft. $9.00 .25 hr. 12.00 per hr. 3.00 1.20 per direct labor hour 0.30 0.40

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