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is beyonces labor rate variancr for last month favorable or unfavorable? Beyonc is looking at a monthly performance report for her lemonade stand for last
is beyonces labor rate variancr for last month favorable or unfavorable?
Beyonc is looking at a monthly performance report for her lemonade stand for last month. She has been provided with the following standard cost per batch of lemonade: Manufacturing overhead is allocated on the basis of machine hours. Last month, Beyonce's lemonade stand produced 150 batches of lemonade and incurred the following costs: a. Purchased 100 pounds of materials at a cost of $4.45 per pound: b. Used 94 pounds of materials in production. (Finished goods and work in process inventories can be ignored). c. Worked 198 direct labor-hours at a cost of $16.34 per hour. What is Beyonc's labor rate variance for last month? Enter your answer as a positive number (note Favorable or Unfavorable for the next question). Beyonc is looking at a monthly performance report for her lemonade stand for last month. She has been provided with the following standard cost per batch of lemonade: Manufacturing overhead is allocated on the basis of machine hours. Last month, Beyonce's lemonade stand produced 150 batches of lemonade and incurred the following costs: a. Purchased 100 pounds of materials at a cost of $4.45 per pound: b. Used 94 pounds of materials in production. (Finished goods and work in process inventories can be ignored). c. Worked 198 direct labor-hours at a cost of $16.34 per hour. What is Beyonc's labor rate variance for last month? Enter your answer as a positive number (note Favorable or Unfavorable for the next question) Step by Step Solution
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