Answered step by step
Verified Expert Solution
Question
1 Approved Answer
DL variances Logen Construction builds standard prefabricated wooden frames for walls. Each frame requires five direct labor hours and the standard hourly direct labor rate
DL variances Logen Construction builds standard prefabricated wooden frames for walls. Each frame requires five direct labor hours and the standard hourly direct labor rate is $18. During July, the company produced 1,072 frames and worked 5,296 direct labor hours. Payroll records indicate that workers earned $96,652.00. a. What were the standard hours for July production? 0 hours b. What was the actual hourly wage rate? $ 0 c. Calculate the direct labor variances. Note: Do not use a negative sign with your answers. Note: Round your final answers to the nearest whole dollar. Labor rate variance $ 0 Labor efficiency variance $0
Step 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