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Tees Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $19.79 per hour. Payroll taxes are 9% of
Tees Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $19.79 per hour. Payroll taxes are 9% of the basic direct labor rate, while fringe benets such as vacation and health care insurance, are $2.45 per hour. What is the standard rate per direct labor hour? 0 A. $19.79 C) B. $22.24 0 C. $24.02 0 D. $21.57 Woven Corporation, which manufactures baskets, is developing direct labor standards. The basic direct labor rate is $15.00 per hour. Payroll taxes are 8% of the basic direct labor rate, while fringe benets such as vacation and health care insurance, are $7.00 per hour. What is the standard rate per direct labor hour? 0 A. $23.20 0 B. $16.20 0 C. $15.00 0 D. $22.00 The actual cost of direct materials is $45.75 per pound. The standard cost per pound is $50.00. During the current period, 7,300 pounds were used in production. The standard quantity for actual units produced is 5,500 pounds. How much is the direct materials price variance? 0 A. $31,025 unfavorable O B. $23,375 favorable O C. $23,375 unfavorable O D. $31,025 favorable Vertical Company produces hiking boots. The direct labor standard for each pair of boots is 1 hour at a cost of $24 per direct labor hour. During the month of May, Vertical Company used 2,400 direct labor hours to produce 2,050 pairs of boots. Total direct labor cost for May was $48,000. What is the labor rate variance for May? 0 A. $8,200 unfavorable O B. $8,200 favorable O C. $9,600 unfavorable D. $9,600 favorable
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