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answer the following question? Hassock Corporation produces woven wall hangings. it takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard
answer the following question? Hassock Corporation produces woven wall hangings. it takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $14 per hour. During August. Hassock produced 17,000 units and used 34,200 hours of direct labor at a total cost of $476,100. What is Hassock's labor rate variance for August? Multiple Choice $2,684 fivorable. $2,700 untovorabie. $2,700 fevorable. 55,384 favorable. 52,684 untavorable A job was budgeted to require 8 hours of labor per unit at $9.00 per hour. The job consisted of 8,600 units and was completed in 65,800 hours at a total labor cost of $624,200. What is the direct labor rate varlance? Mutiple Choice $32,000 umfovorable: \$32,000 favorable. $27,000 untavorable. 527000 tavorabis. $5.000 unfovorable. A company uses the following standard costs to produce a single unit of output. During the latest month, the company purchased and used 48,000 pounds of direct materiats at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $13,832 based on 1,820 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $5,400 and fixed manufacturing overhead incurred was $13,000. Based on this information, the total direct labor variance for the month was: Multiple Choice. $2.168 favorable $728 favorable $1,440 unfavorable $1,440 favorable
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