Question
Direct Labor Variances Bellingham Company produces a product that requires 4 standard direct labor hours per unit at a standard hourly rate of $20 per
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Direct Labor Variances
Bellingham Company produces a product that requires 4 standard direct labor hours per unit at a standard hourly rate of $20 per hour. If 15,000 units used 61,800 hours at an hourly rate of $19.85 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
a. Direct labor rate variance $ b. Direct labor time variance $ c. Direct labor cost variance $
Direct Labor Variances
Bellingham Company produces a product that requires 4 standard direct labor hours per unit at a standard hourly rate of $20 per hour. If 15,000 units used 61,800 hours at an hourly rate of $19.85 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
| a. Direct labor rate variance | $ | |
| b. Direct labor time variance | $ | |
| c. Direct labor cost variance | $ |
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Survival Audit And Calculations Manual
Authors: Dr Joseph Lee Bounds
1st Edition
1505425573, 978-1505425574
