of 2 Lemke Music manufactures harmonica Lome uses standard costs to judge performance Recently, a clerk mistakenly threw away some of the records and only partial data for July exist Lemke knows that the total direct labor variance for the month was $360 F and that the standard labor rate was $0 per hour A recent pay cut caused a favorable labor rale vanance of $0.70 per hour. The standard direct labor hours for actual July outputs were 5,850 Read the requirements 2 of 2 Requirement 1. Find the actual number of direct labor hours worked during July Fust find the actual direct labor price rate per hour Then, determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given 1 of 2 Select the formula then calculate the actual price per hour O of Actual direct labor rate per hour O of Determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given (Enter the known amounts, then determine the missing amounts to solve for the actual direct labor hours Enter the amounts as positive numbers Label the variance as favorable (F) or unfavorable (U) Lemke Music Schedule to Compute Actual Direct Labor Hours Flexible budget for actual output budget variance Direct labor hours Cost per hour Total direct labor cost Choose from any list of enter any number in the input fields and then continue to the next question Lerke Music manufactures monicas Lomke uses standard costs to judge performance Recently, a cork mistakenly threw away some of the records and only partial data for July exist Lemke knows that the total direct labor variance for the month was $360 F and that the standard labor rate was $0 per hour. A recent pay cut caused a favorable labor rate variance of $0.70 per hour. The standard direct labor hours for actual July outputs were 5,850 1 of 2 Read the requirements 2 of 2 Total direct labor cost Flexible budget variance 1 of 2 O of 2 Requirement 2. Compute the direct labor rate and efficiency variances Do these variances suggest that the manager may have made trade-offs? Explain. (Enter the variances as positive numbers. Entor currency amounts to the nearest cent and your answers to the nearest whole dollar Label the variances as favorable (F) or unfavorable (U) Abbreviations used DL = Direct labor) Begin by determining the formula for the price variance, then compute the price variance for direct labor 0 of 2 DL mate variance O of 2 Now determine the formula for the efficiency variance, then compute the efficiency variance for direct labor D onc variance Do these variances suggest that the manager may have made trade offs? Explan The direct labor rate variance combined with the direct labor efficiency variance suggests that the manager may have used workers. However due to the overall not effect, it appears there was Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Music manufactures harmonicas. Lemke uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only Hata for July exist. Lemke knows that the total direct labor variance for the month was $360 F and that the standard labor rate was 59 per hour. A recent pay a a favorable labor rate variance of $0.70 per hour. The standard direct labor hours for actual July outputs were 5,850 e requirements rect labor cost budget variance ement 2. Compute the direct photo es as positive numbers. Enter able (U). Abbreviations used: i Requirements au hampde trade-offs? Explain. (Enter the variances as favorable (F) or determining the formula for ermine the formula for the effi 1. Find the actual number of direct labor hours worked during July. First, find the actual direct labor rate per hour. Then, determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given 2. Compute the direct labor rate and efficiency variances. Do these variances suggest that the manager may have made trade-offs? Explain variances suggest that the Print Done direct labor rate the workers. However, due to the overall net effect, it appears there was mager may have used om any list or enter any number in the input fields and then continue to the next
