Question
Standard Actual Rate $12.00 $12.25 Hours 18,500 17,955 Units of Production 9,450 8. Calculate the Total Direct Labor Variance using the above information a. $2,051.25
| Standard | Actual | |
| Rate | $12.00 | $12.25 |
| Hours | 18,500 | 17,955 |
| Units of Production | 9,450 |
8. Calculate the Total Direct Labor Variance using the above information
| a. | $2,051.25 Favorable |
| b. | $2,051.25 Unfavorable |
| c. | $2,362.50 Unfavorable |
| d. | $2,362.50 Favorable |
9. Calculate the Direct Labor Time Variance using the above information
| a. | $2,362.50 Favorable |
| b. | $2,362,50 Unfavorable |
| c. | $6,540.00 Favorable |
| d. | $6,540.00 Unfavorable |
10. Calculate the Direct Labor Rate Variance using the above information
| a. | $4,488.75 Unfavorable |
| b. | $6,851.25 Favorable |
| c. | $4,488.75 Favorable |
| d. | $6,851.25 Unfavorable |
11. Which of the following is not a reason for a direct materials quantity variance?
| a. | Malfunctioning equipment |
| b. | Purchasing of inferior raw materials |
| c. | Increased material cost per unit |
| d. | Spoilage of materials |
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Say What Communicate With Tact And Impact What To Say To Get Results At Any Point In An Audit
Authors: Ann M. Butera
1st Edition
1032057734, 978-1032057736
