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Question 10 Paulson's Piano Service, Inc. is trying to establish the standard labor cost of tuning a typical piano. The following data have been collected
Question 10 Paulson's Piano Service, Inc. is trying to establish the standard labor cost of tuning a typical piano. The following data have been collected from time and motion studies conducted over the past three months. Actual time spent on tuning a piano 1.25 hours Hourly wage rate $50 Payroll taxes 14 % of wage rate Setup and downtime 5% of actual labor time Travel and rest periods 15 % of actual labor time Fringe benefits 18 % of wage rate Your answer is partially correct. Try again. During the month of May, Paulson's Piano service tuned 65 pianos. The average time spent on each piano was 1.75 hours. The average cost per hour was $63.00 per hour. Paulson's had to hire some less experienced part time help in order to handle the demand. (1) Calculate the direct labor price variance. (Round answer to 2 decimal places, e.g. 15.25.) Direct labor price variance 5.25 Favorable (2) Calculate the direct labor quantity variance. (Round answer to 2 decimal places, e.g. 15.25.) Direct labor quantity variance 9.9 Unfavorable (3) Calculate the total direct labor variance. (Round answer to 2 decimal places, e.g. 15.25.) Total direct labor variance 4.65 Unfavorable Click if you would like to Show Work for this question: Open Show Work
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