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please help and explain. I do not understand where the standard hours are coming from. Bellingham Company produces a product that requires 9 standard hours
please help and explain. I do not understand where the standard hours are coming from.
Bellingham Company produces a product that requires 9 standard hours per unit at a standard hourly rate of $14.00 per hour. If 6,500 units required 60,300 hours at an hourly rate of $13.58 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance b. Direct labor time variance c. Total direct labor cost variance Step by Step Solution
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