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6. The total direct labor variance of Company J for the month of October 2020 is $500 unfavorable. The direct labor efficiency variance is $800

6. The total direct labor variance of Company J for the month of October 2020 is $500 unfavorable. The direct labor efficiency variance is $800 favorable. How much is the standard direct labor rate per hour if the actual direct labor cost is $10,000 for 1,000 hours?

A) $11.30

B) $10.00

C) $9.50

D) $8.70

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9. The sole proprietorship business of Individual M purchased a machinery amounting to $30,000. The machinery is expected to be useful for a period of 4 years and have a residual value of $5,000. Individual M uses the double-declining method in depreciating their fixed assets. How much would be the depreciation expense for year 3?

A) $3,750.00

B) $2,500.00

C) $7,500.00

D) $1,250.00

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Show your calculations please.

I need answer with clear explanation then i will give you thumbs up in return. Direct answer will have thumbs down from me.

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