Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 33 View Policies Current Attempt in Progress The standard rate of pay is $12 per direct labor hour. If the actual direct labor payroll

image text in transcribedimage text in transcribedimage text in transcribed

Question 33 View Policies Current Attempt in Progress The standard rate of pay is $12 per direct labor hour. If the actual direct labor payroll was $70560 for 6000 direct labor hours worked, the direct labor price (rate) variance is $1200 favorable. $1440 unfavorable. $1440 favorable. O $1200 unfavorable. Save for Later Attempts: 0 of 1 used Submit Answer Question 34 --/1 View Policies Current Attempt in Progress Clark Company manufactures a product with a standard direct labor cost of two hours at $18 per hour. During July, 1200 units were produced using 2500 hours at $18.30 per hour. The labor quantity variance was $1830 F. $1830 U. $1110 U. $1800 U. Save for Later Attempts: 0 of 1 used Submit Answer Question 35 --/1 View Policies Current Attempt in Progress Waterway has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3800 units, Waterway used 7250 hours of labor at a total cost of $88450. Waterway's total labor variance is $2300 U. $2750 U. O $2750 F. $4270 F

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Business Strategy Audit

Authors: Vernal Della-Piana, Murray Low, Kendall Lyman

1st Edition

978-0955970740

More Books

Students also viewed these Accounting questions