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Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $11.80 per hour. Production of 6,500 units required
Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $11.80 per hour. Production of 6,500 units required 13,390 hours at an hourly rate of $11.60 per hour. What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance? Enter favorable variances as negative numbers. a. Direct labor rate variance b. Direct labor time variance 1,339 Favorable Unfavorable c. Total direct labor cost variance Unfavorable
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