Answered step by step
Verified Expert Solution
Question
1 Approved Answer
can you confirm that its right? Pagley Company's standard labour cost of producing one unit of product DD is 3.15 hours at the rate of
can you confirm that its right?
Pagley Company's standard labour cost of producing one unit of product DD is 3.15 hours at the rate of $13.40 per hour. During August, 39,000 hours of labour are incurred at a cost of $13.80 per hour to produce 12,000 units of product DD. Calculate the total labour variance. Total labour variance 31680 Unfavourable LINK TO TEXT Calculate the labour price and quantity variances. Labour price variance: 15600 Unfavourable Labour quantity variance: 16080 Unfavourable LINK TO TEXT Calculate the labour price and quantity variances, assuming the standard is 3.40 hours of direct labour at $13.95 per hour. Labour price variance: 5850 Favourable Labour quantity variance: 16740 FavourableStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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