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The following information describes a companys usage of direct labor in a recent period. Actual direct labor hours used (AH) 63,000 Actual direct labor rate
| The following information describes a companys usage of direct labor in a recent period. |
| Actual direct labor hours used (AH) | 63,000 | |
| Actual direct labor rate per hour (AR) | $ | 14 |
| Standard direct labor rate per hour (SR) | $ | 12 |
| Standard direct labor hours for units produced (SH) | 65,000 | |
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| Compute the direct labor rate and efficiency variances for the period. |
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Auditing Principles And Practice
Authors: Kumar And Sharma
3rd Edition
8120350987, 9788120350984
