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The standard labor cost in the production of a pair of Oak Brand athletic shoes is 0.40 hours at $ 12.00 per hour. During the
The standard labor cost in the production of a pair of Oak Brand athletic shoes is 0.40 hours at $ 12.00 per hour. During the month of June, 23,780 pairs were produced. Actual labor costs were $ 128,700 for 8,580 hours. Compute the labor rate and labor efficiency variances for the month of June.
Labor Rate Variance | $ enter labor rate variance as a dollar amount | select an option Unfavorable Favorable Neither Unfavorable nor Favorable | |||
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Labor Efficiency Variance | $ enter labor efficiency variance as a dollar amount | select an option Unfavorable Favorable Neither Unfavorable nor Favorable |
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