Question
eBook Show Me How Direct Labor Variances The following data relate to labor cost for production of 6,900 cellular telephones: Actual: 4,690 hrs. at $12.70
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Direct Labor Variances
The following data relate to labor cost for production of 6,900 cellular telephones:
| Actual: | 4,690 hrs. at $12.70 |
| Standard: | 4,620 hrs. at $13.00 |
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 | $fill in the blank 1 | FavorableUnfavorableUnfavorable |
| Time variance | $fill in the blank 3 | FavorableUnfavorableUnfavorable |
| Total direct labor cost variance | $fill in the blank 5 | FavorableUnfavorableUnfavorable |
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Exploring Strategic Change
Authors: Julia Balogun, Veronica Hope Hailey, Stafanie Gustafsson
4th Edition
0273778919, 9780273778912
