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sently provides 40 hours of productive labor per week. Direct Materials and Direct Labor Variance Analysis Le Clothing Co. manufactures dething in a small manufacturing
sently provides 40 hours of productive labor per week. Direct Materials and Direct Labor Variance Analysis Le Clothing Co. manufactures dething in a small manufacturing facility. Mwacturing has 25 employees. Each employe Information about a production work is as follows Standard wage per her $12.00 Standard labor time per unit 12 min Standard number of yo. of fabric per unit 3.0yh. Standard price per yd. of fabric $5.00 Actual price per yd. of fabric $5.10 Actual yds of fabric used during the week 26,200 yds. Number of units produced during the week 5.220 Actual wage per his $11.30 Actual hrs, for the week 1,000 hrs. Required . Determine W4 Assignment 2 Content Area Direct materials standard cost per unit Direct labor standard cost per unit Total standard cost per unit rance, and total direct materials cast arance minus sign and an unfavorable variance b. Determine the price variance, quantity as a positive number Price variance Quantity variance Total direct materials cost variance Determine the rate variance, time variance, and total direct labor cost variance. positive number orable variance as a negative number using a minus sign and an unfavorable variance as a 5 Rate variance > Time variance Total direct labor cost variance
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