Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculator The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.30 Actual costs 6,100 hours at $10.80
Calculator The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.30 Actual costs 6,100 hours at $10.80 What is the direct labor rate variance? a. $18,870 unfavorable Ob. $3,050 favorable c. $18,870 favorable Od. $15,820 favorable J!UIVURLI-Ular assignmentsessionLocator=&inprogress=fa Calculator The following data relate to direct labor costs for the current period: Standard costs Actual costs 7,300 hours at $11.20 6,000 hours at $10.10 What is the direct labor time variance? a. $14,560 unfavorable Ob. $13,130 favorable c. $13,130 unfavorable O d. $14,560 favorable The standard costs and actual costs for direct materials for the manufacture of 1,850 actual units of product are Standard Costs 1,850 kilograms @$8.90 Direct materials Actual Costs Direct materials 2,000 kilograms @ $8. The amount of the direct materials quantity variance is a. $1,335 unfavorable b. $1,068 unfavorable c. $1,068 favorable d. $1,335 favorable Calculator The standard costs and actual costs for direct materials for the manufacture of 2,200 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms $8.86 Actual Costs Direct materials Round your final answer to the nearest dollar. 2,200 kilograms $8.15 The amount of direct materials price variance is a. $738 favorable b. $1,562 favorable c. $1,562 unfavorable Od. $738 unfavorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started