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Information regarding Maxwell's direct labor cost for the month of January follows: Direct labor hourly rate paid 53 28.50 Total standard direct labor hours for
Information regarding Maxwell's direct labor cost for the month of January follows: Direct labor hourly rate paid 53 28.50 Total standard direct labor hours for units produced this period 11,000 Direct labor hours actually worked 10,800 Direct labor rate variance $ 16,000 favorable Required: 1. Compute the standard direct labor wage rate per hour in January. (Round your answer to 2 decimal places.) 2. Compute the direct labor efficiency variance for January. Was this variance favorable or unfavorable? {Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Standard direct labor rate per hour 2. Direct labor efciency variance
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