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18) A manufactured product has the following information for June. Standard Actual Direct materials (6 lbs. @ $8 per lb.) 53,300 lbs. @ $8.10 per
18)
| A manufactured product has the following information for June. |
| Standard | Actual | |||
| Direct materials | (6 lbs. @ $8 per lb.) | 53,300 | lbs. @ $8.10 per lb. | |
| Direct labor | (2 hrs. @ $15 per hr.) | 17,400 | hrs. @ $15.40 per hr. | |
| Overhead | (2 hrs. @ $13 per hr.) | $ | 234,100 | |
| Units manufactured | 8,800 |
| Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable.> |
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Global Strategy
Authors: Mike W. Peng
5th Edition
0357512367, 978-0357512364
