Question
Mordica Companys standard labor cost per unit of output is $18.00 (1.80 hours x $10.00 per hour). During August, the company incurs 1,710 hours of
Mordica Companys standard labor cost per unit of output is $18.00 (1.80 hours x $10.00 per hour). During August, the company incurs 1,710 hours of direct labor at an hourly cost of $9.00 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.)
| Total labor variance | $
| FavorableUnfavorableNeither favorable nor unfavorable | ||
| Labor price variance | $ | FavorableUnfavorableNeither favorable nor unfavorable | ||
| Labor quantity variance | $ | Neither favorable nor unfavorableUnfavorableFavorable |
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Controlling White Collar Crime Designing And Auditing For Systems Security
Authors: John Millar Carroll
1st Edition
0409950653, 978-0409950656
