Question
50- Use this information for Flapjack Corporation to answer the question that follow. Flapjack Corporation had 7,928 actual direct labor hours at an actual rate
50- Use this information for Flapjack Corporation to answer the question that follow. Flapjack Corporation had 7,928 actual direct labor hours at an actual rate of $12.20 per hour. Original production had been budgeted for 1,100 units, but only 991 units were actually produced. Labor standards were 7.3 hours per completed unit at a standard rate of $13.00 per hour.
Round your answer to the nearest cent.
The direct labor time variance is
$6,350.33 unfavorable
$6,350.33 favorable
$9,018.10 unfavorable
$9,018.10 favorable
18 -
Use this information to answer the question that follow.
The standard costs and actual costs for factory overhead for the manufacture of 2,600 units of actual production are as follows:
Standard Costs | |
Fixed overhead (based on 10,000 hours) | 3 hours per unit @ $0.77 per hour |
Variable overhead | 3 hours per unit @ $1.92 per hour |
Actual Costs | |
Total variable cost, $17,900 | |
Total fixed cost, $7,800 |
The variable factory overhead controllable variance is
a.$2,924 favorable
b.$0
c.$2,339 favorable
d.$2,924 unfavorable
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