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[ The following information applies to the questions displayed below. ] A manufactured product has the following information for June. Standard Quantity and Cost Actual
The following information applies to the questions displayed below.
A manufactured product has the following information for June.
Standard Quantity and Cost Actual Results
Direct materials pounds @ $ per pound pounds @ $ per pound
Direct labor DLH @ $ per DLH hours @ $ per hour
Overhead DLH @ $ per DLH $
Units manufactured units
Compute the direct labor rate variance and direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to decimal places.
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