Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance. Direct labor standard (2 hours @
Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor variance.
Direct labor standard (2 hours @ $12.85/hour) | $ 25.70 | per finished unit |
---|---|---|
Actual direct labor hours | 92,500 | hours |
Actual finished units produced | 45,000 | units |
Actual cost of direct labor | $ 1,248,750 |
Multiple Choice
-
$60,125 favorable.
-
$92,250 unfavorable.
-
$60,125 unfavorable.
-
$92,250 favorable.
-
$32,125 favorable.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started