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PLEASE SOLVE ASAP Guillermo's Oil and Lube Company provided the following information for the production of oll changes during the month of June: Actual number
PLEASE SOLVE ASAP
Guillermo's Oil and Lube Company provided the following information for the production of oll changes during the month of June: Actual number of oil changes performed: 960 Actual number of direct labor hours worked: 378 hours Actual rate paid per direct labor haur: \$15.50 Standard rate per direct labor hour: $14.50 Required: If required, round your answers to the nearest cent. 1. Calculate the direct labor rate variance (LRV) and the direct labor efficiency variance (LEV) for June using the formula approach. 2. Calculate the total direct labor variance for oil changes for June. be below. Direct labor rate variance (LRV): $ Direct labor efficiency variance (LEV): $ Guillermo's Oil and Lube Company provided the following information for the production of oll changes during the month of June: Actual number of oil changes performed: 960 Actual number of direct labor hours worked: 378 hours Actual rate paid per direct labor haur: \$15.50 Standard rate per direct labor hour: $14.50 Required: If required, round your answers to the nearest cent. 1. Calculate the direct labor rate variance (LRV) and the direct labor efficiency variance (LEV) for June using the formula approach. 2. Calculate the total direct labor variance for oil changes for June. be below. Direct labor rate variance (LRV): $ Direct labor efficiency variance (LEV): $Step by Step Solution
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