Question 1)

Question 2)

Direct Labor Variances Bellingham Company produces a product that requires 5 standard hours per unit at a standard hourly rate of $11.00 per hour. If 4,000 units required 19,400 hours at an hourly rate of $11.33 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 $ Standard Cost Journal Entries Dvorak Company produced 2,100 units that require 12 standard pounds per unit at $10 standard price per pound. The company actually used 24,700 pounds in production. Journalize the entry to record the standard direct materials used in production. For a compound transaction, if an amount box does not require an entry, leave it blank. Work in Process 1,200 Direct Materials Quantity Variance Materials