Question
Analyze the manufacturing cost variances for Le Petit Boulangerie using the following data: Standard Direct Labor Rate: 15 per hour Actual Direct Labor Rate: 16
Analyze the manufacturing cost variances for Le Petit Boulangerie using the following data:
- Standard Direct Labor Rate: €15 per hour
- Actual Direct Labor Rate: €16 per hour
- Standard Hours Allowed: 5,000 hours
- Actual Hours Worked: 4,800 hours
- Standard Direct Labor Cost: €75,000
- Actual Direct Labor Cost: €76,800
Calculate the direct labor rate variance, direct labor efficiency variance, and total direct labor variance.
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
1337270598, 978-1337270595
