urs3 x Taarak Mehta Ka Oolt X Question 4 - Homewc X SuperHumanRhinoce X Q An organization plan x | Cost Final Flashcards X ttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewcon... A G cGraw-Hill Conne... You Tube Netflix Bb Blackboard Learn we WileyPLUS Prime Video Homepage !| Course: Intermediat.. h 14 - Direct Cost Variances i Saved Help Save & Exit SU At a recent seminar you attended, the invited speaker was discussing some of the advantages and disadvantages of standard costs in terms of evaluating performance and motivating goal-congruent behavior on the part of employees. One criticism of standard costs in particular caught your attention: The use of conventional standard costs may not provide appropriate incentives for improvements needed to compete effectively with world-class organizations. The speaker then discussed so-called continuous-improvement standard costs. Such standards embody systematically lower costs over time. For example, on a monthly basis, it might be appropriate to budget a 1.0% reduction in per-unit direct labor cost. Assume that the standard wage rate into the foreseeable future is $24 per hour. Assume, too, that the budgeted labor-hour standard for October of the current year is 2.10 hours and that this standard is reduced each month by 1%. During December of the current year the company produced 8,500 units of XL-10, using 18,000 direct labor hours. The actual wage rate per hour in December was $27.00. Required: 1. Prepare a table that contains the standard labor-hour requirement per unit and standard direct labor cost per unit for the 4 months, October through January. 2. Compute the direct labor efficiency variance for December. Was this variance favorable or unfavorable? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a table that contains the standard labor-hour requirement per unit and standard direct labor cost per unit for the 4 months, October through January. (Do not round intermediate calculations. Round your "Standard Direct Labor Cost/Unit" answers to 2 decimal places and "Standard Labor-Hour Requirement/Unit" answers to 5 decimal places.) W X e and Windows B10) - kaurs3 X Taarak Mehta Ka Oolt X Question 4 - Homewc X SuperHumanRhinoce X Q An organization plan x Cost Final Flas https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewcon... A" to M McGraw-Hill Conne... YouTube Netflix Bb Blackboard Learn we WileyPLUS Prime Video Homepage Course: Intermediat. ork: Ch 14 - Direct Cost Variances i Saved Help Save . TICpart a LaIC tal CUMtallIs The stanualu IaDVI-vul requirement per unit and standard UIRECEIVVI CUSEPEI UNTILIVI TIE 4 In October through January. 2. Compute the direct labor efficiency variance for December. Was this variance favorable or unfavorable? Complete this question by entering your answers in the tabs below. Required 1 Required 2 bed Compute the direct labor efficiency variance for December. Was this variance favorable or unfavorable? (Round your final answer to nearest whole dollar amount. ) Direct-labor efficiency variance > W 9 e web and Windowskaurs3 x Taarak Mehta Ka Oolt X Question 4 - Homewc X SuperHumanRhinoce X Q An organization plan X O Cost Final Flashcards https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewcon... A G McGraw-Hill Conne... YouTube Netflix B Blackboard Learn Wa WileyPLUS Prime Video Homepage ! Course: Intermediat.. Ch 14 - Direct Cost Variances i Saved Help Save & E complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a table that contains the standard labor-hour requirement per unit and standard direct labor cost per unit for the 4 months, October through January. (Do not round intermediate calculations. Round your "Standard Direct Labor Cost/Unit" answers to 2 decimal places and "Standard Labor-Hour Requirement/Unit" answers to 5 decimal places.) Standard Month Standard Labor-Hour Requirement/Unit Direct Labor Cost/Unit October hour per unit November hour per unit December hour per unit January hour per unit Required 1 Required 2 > W X and Windows e