Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Questions Pagley Company's standard labour cost of producing one unit of product DD is 3.20 hours at the rate of $13.80 per hour. During August,

image text in transcribed
image text in transcribed
image text in transcribed
Questions Pagley Company's standard labour cost of producing one unit of product DD is 3.20 hours at the rate of $13.80 per hour. During August, 44,220 hours of labour are incurred at a cost of $14.25 per hour to produce 13,400 units of product DD. (a) Your answer is correct Calculate the total labour variance. 38391 Total labour variance Unfavourable SHOW SOLUTION LINK TO TEXT Your answer is correct Calculate the labour price and quantity variances. 19899 Labour price variance Unfavourable 18492 Labour quantity variance: Unfavourable SHOW SOLUTION LINK TO TEXT (c) Calculate the labour price and quantity variances, assuming the standard is 3.45 hours of direct labour at $14.40 per hour. Labour price variance: Labour quantity variance: LINK TO TEXT

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions

Question

=+2. How can the revenue model of the music industry be described?

Answered: 1 week ago