Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data relate to direct labor costs for the current period: 7.500 hours at $11.40 per hour 6,000 hours at $12.00 per hour Actual

image text in transcribed

The following data relate to direct labor costs for the current period: 7.500 hours at $11.40 per hour 6,000 hours at $12.00 per hour Actual costs Standard costs What is the direct labor rate variance? a. $4,500 favorable. b. $3,600 favorable. c. $4,500 unfavorable. d. $3,600 unfavorable. QUESTION 15 The following data relate to direct labor costs for the current period: 6,000 hours at $12.00 per hour 6,400 hours at $10.00 per hour Actual costs Standard costs What is the direct labor time variance? a. $4,000 favorable. b. $4,800 unfavorable. c. $4,800 favorable. d. $4,000 unfavorable

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

Frank Woods Business Accounting Volume 2

Authors: Frank Wood, Ph.D. Sangster, Alan

12th Edition

0273767925, 9780273767923

More Books

Students also viewed these Accounting questions

Question

List the components of the strategic management process. page 77

Answered: 1 week ago