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The following labor standards have been established for a particular product: 9.2 hours Standard labor-hours per unit of output Standard labor rate $13.00 per hour
The following labor standards have been established for a particular product: 9.2 hours Standard labor-hours per unit of output Standard labor rate $13.00 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost 7,000 hours $88,200 950 units Actual output What is the labor efficiency variance for the month? Next > Prey 10 of 50 Xam Saved Help Save & Exit Su Kibodeaux Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Inputs Direct materials 8.1 liters $64.80 Direct labor 0.3 hours $9.30 $8.00 per liter $31.00 per hour $3.00 per hour Variable overhead 0.3 hours $.90 The company budgeted for production of 4,100 units in June, but actual production was 4,200 units. The company used 33.600 liters of direct material and 1,180 direct labor-hours to produce this output. The company purchased 35,600 liters of the direct material at $7.90 per liter. The actual direct labor rate was $31.60 per hour and the actual variable overhead rate was $2.80 per hour. Next > Prev 20 of 50
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