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Thank you The Jones Company made 18,500 units during June, using 48,000 direct labor hours. They expected to use 45,450 hours per the standard. Their
Thank you The Jones Company made 18,500 units during June, using 48,000 direct labor hours. They expected to use 45,450 hours per the standard. Their employees were paid $18.75 per hour for June. The standard rate is $19.50 per hour. 1. Calculate the direct labor rate variance for June and indicate if the variance is favorable or unfavorable. 2. Calculate the direct labor hour variance for June and indicate if the variance is favorable or unfavorable. 3. Calculate the total direct labor cost variance for June and indicate if the variance is favorable or unfavorable. (Round all solutions to the nearest whole dollar) The Jones Company made 18,500 units during June, using 48,000 direct labor hours. They expected to use 45,450 hours per the standard. Their employees were paid $18.75 per hour for June. The standard rate is $19.50 per hour. 1. Calculate the direct labor rate variance for June and indicate if the variance is favorable or unfavorable. 2. Calculate the direct labor hour variance for June and indicate if the variance is favorable or unfavorable. 3. Calculate the total direct labor cost variance for June and indicate if the variance is favorable or unfavorable. (Round all solutions to the nearest whole dollar)
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