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ABC Inc. has the following direct labor standard to manufacture 1 table: 3 hours per table at $15 per hour Last month 2,700 hours of
ABC Inc. has the following direct labor standard to manufacture 1 table: 3 hours per table at $15 per hour Last month 2,700 hours of direct labor were used to make 1,000 tables. The labor total cost was $37,800. Required: Fill in the blanks below 1. AR = 37,800 2. SR = Choose... 3. AH Choose... - (labor time for 1,000 tables) 4. SH = Choose... - (labor time for 1,000 tables) 5. Direct Labor Rate Variance (LRV) = Choose... Choose... 6. Direct Labor Efficiency Variance (LEV) =
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