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The standards for product G78V specify 4.8 direct labor-hours per unit at $13.00 per direct labor-hour. Last month 1,670 units of product G78V were produced
The standards for product G78V specify 4.8 direct labor-hours per unit at $13.00 per direct labor-hour. Last month 1,670 units of product G78V were produced using 8,050 direct labor-hours at a total direct labor wage cost of $95,220.
Required:
a). What was the labor rate variance for the month?
b). What was the labor efficiency variance for the month?
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