Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gradebook Publishers prints textbooks for public grade schools. The standard direct labor quantity per textbook is 0.5 direct labor hours and the standard direct labor

Gradebook Publishers prints textbooks for public grade schools. The standard direct labor quantity per textbook is 0.5 direct labor hours and the standard direct labor rate is $10 per hour. Last month, 150,000 textbooks were produced and 73,500 actual direct labor hours were worked. The company's direct labor payroll for last month was $698,250. What was the total direct labor variance?

Step by Step Solution

3.27 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

1 Calculate the standard direct labor cost Standard direct labor hours per textbook 05 hours Standar... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting for Managers

Authors: Eric Noreen, Peter Brewer, Ray Garrison

4th edition

1259578542, 978-1259578540

More Books

Students also viewed these Accounting questions