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Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $11.50 per hour. Actual production of 4,700 units

Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $11.50 per hour. Actual production of 4,700 units required 9,680 hours at an hourly rate of $11.30 per hour

Determine the (a) direct labor rate variance, (b) direct labor time variance, and (c) total direct labor cost variance. Enter favorable variances as negative numbers

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