W4 A3 7-

7.

The following labor standards have been established for a particular product: Standard labor hours per unit of output 1.1 hours

Standard labor rate $11.60 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 9400 hours

Actual total labor cost $107,630

Actual Output 8600 units What is the labor rate variance for the month? A.$687 F B.$2106 F C.$1410 F D.$2106 U

8. Warp Manufacturing Corporation uses a standard cost system to collect costs related to the production of its ski lift chairs. Warp uses machine hours as an overhead base. The variable overhead standards for each chair are 1.2 machine hours at a standard cost of $18 per hour. During the month of September, Warp incurred 34,000 machine hours in the production of 32,000 ski lift chairs. The total variable overhead cost was $649,400. What is Warp's variable overhead spending variance for the month of September? A.$37,400 unfavorable B.$41,800 favorable C.$79,200 favorable D.$84,040 favorable

10. Jeffs Corporation is developing direct labor standards. The basic direct labor wage rate is $14.00 per hour. Employment taxes are 11% of the basic wage rate. Fringe benefits are $3.24 per direct labor-hour. The standard rate per direct labor-hour should be. A.$14.00 B.$9.22 C.$4.78 D.$18.78