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The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate 4.0 hours $12.30 per hour
The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate 4.0 hours $12.30 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked ..... Actual total labor cost Actual output. 7,100 hours $89,105 1,500 units What is the labor efficiency (quantity) variance for the month? Enter a favorable variance as a positive number, an unfavorable variance as a negative number. ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS Question 9 1 pts The following standards have been set for each test performed: Direct materials. Direct labor Standard Hours or Quantity 3 pounds 0.4 hours Standard Price or Rate S0.75 per pound S12 per hour During March, Your Company performed 2,000 tests. - 7,200 pounds of sand were used for core tests at a cost of $6,120. What is the materials price variance for March? Enter a favorable variance as a positive number, an unfavorable variance as a negative number. ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS Question 10 1 pts The following standards have been set for each test performed: Direct materials Direct labor Standard Hours or Quantity 3 pounds 0.4 hours Standard Price or Rate S0.75 per pound S12 per hour During March, Your Company performed 2,000 tests. . 7,200 pounds of sand were used for core tests at a cost of $6,120. What is Standard Quantity? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS
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