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Direct Labor Variances The following data relate to labor cost for production of 6,700 cellular telephones: Actual: 4,540 hrs. at $13.90 Standard: 4,470 hrs. at
Direct Labor Variances
The following data relate to labor cost for production of 6,700 cellular telephones:
Actual: | 4,540 hrs. at $13.90 | |
Standard: | 4,470 hrs. at $14.10 |
a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Rate variance | $ | |
Time variance | $ | |
Total direct labor cost variance | $ |
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