2 of 2 Book [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $12 per DLH Hint Compute the rint Actual Results 48,500 pounds @ $8.10 per pound 15,700 hours @ $16.50 per hour $ 198,000 8,000 units (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. rences AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance 0 0 OCT $ 0 Standard Cost S < Prev 4 of 7 Next > 4 art 2 of 2 35 nts Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $12 per DLH Units manufactured eBook Hint Compute the Actual Results 48,500 pounds @ $8.10 per pound 15,700 hours @ $16.50 per hour $ 198,000 8,000 units Print (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. eferences AH = Actual Hours SH AR Actual Rate SR Standard Hours Standard Rate C aw Actual Cost $ 0 $ 0 0 $ 0 Standard Cost Prev G▾ of 7 Next
2 of 2 Book [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $12 per DLH Hint Compute the rint Actual Results 48,500 pounds @ $8.10 per pound 15,700 hours @ $16.50 per hour $ 198,000 8,000 units (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. rences AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate Direct labor efficiency variance Direct labor rate variance Direct materials price variance Direct materials quantity variance 0 0 OCT $ 0 Standard Cost S < Prev 4 of 7 Next > 4 art 2 of 2 35 nts Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Standard Quantity and Cost 6 pounds @ $8 per pound 2 DLH @ $16 per DLH 2 DLH @ $12 per DLH Units manufactured eBook Hint Compute the Actual Results 48,500 pounds @ $8.10 per pound 15,700 hours @ $16.50 per hour $ 198,000 8,000 units Print (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. eferences AH = Actual Hours SH AR Actual Rate SR Standard Hours Standard Rate C aw Actual Cost $ 0 $ 0 0 $ 0 Standard Cost Prev G▾ of 7 Next
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Fill this accounting problem out for me. Please list everything organized in the way it should be in the cells
![2 of 2
Book
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Direct materials
Direct labor
Overhead
Units manufactured
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $16 per DLH
2 DLH @ $12 per DLH
Hint
Compute the
rint
Actual Results
48,500 pounds @ $8.10 per pound
15,700 hours @ $16.50 per hour
$ 198,000
8,000 units
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
rences
AH
Actual Hours
SH
Standard Hours
AR
Actual Rate
SR
Standard Rate
Direct labor efficiency variance
Direct labor rate variance
Direct materials price variance
Direct materials quantity variance
0
0
OCT
$
0
Standard Cost
S
< Prev
4
of 7
Next >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F32a62cbb-5fa0-464c-8cfe-49942e816c35%2F01002575-f515-4158-af3b-8486676dfebd%2F1clptsq_processed.png&w=3840&q=75)
Transcribed Image Text:2 of 2
Book
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Direct materials
Direct labor
Overhead
Units manufactured
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $16 per DLH
2 DLH @ $12 per DLH
Hint
Compute the
rint
Actual Results
48,500 pounds @ $8.10 per pound
15,700 hours @ $16.50 per hour
$ 198,000
8,000 units
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
rences
AH
Actual Hours
SH
Standard Hours
AR
Actual Rate
SR
Standard Rate
Direct labor efficiency variance
Direct labor rate variance
Direct materials price variance
Direct materials quantity variance
0
0
OCT
$
0
Standard Cost
S
< Prev
4
of 7
Next >
![4
art 2 of 2
35
nts
Required information
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Direct materials
Direct labor
Overhead
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $16 per DLH
2 DLH @ $12 per DLH
Units manufactured
eBook
Hint
Compute the
Actual Results
48,500 pounds @ $8.10 per pound
15,700 hours @ $16.50 per hour
$ 198,000
8,000 units
Print
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
eferences
AH = Actual Hours
SH
AR
Actual Rate
SR
Standard Hours
Standard Rate
C
aw
Actual Cost
$
0
$
0
0
$ 0
Standard Cost
Prev
G▾
of 7
Next](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F32a62cbb-5fa0-464c-8cfe-49942e816c35%2F01002575-f515-4158-af3b-8486676dfebd%2Fi0ze9rk_processed.png&w=3840&q=75)
Transcribed Image Text:4
art 2 of 2
35
nts
Required information
[The following information applies to the questions displayed below.]
A manufactured product has the following information for June.
Direct materials
Direct labor
Overhead
Standard Quantity and Cost
6 pounds @ $8 per pound
2 DLH @ $16 per DLH
2 DLH @ $12 per DLH
Units manufactured
eBook
Hint
Compute the
Actual Results
48,500 pounds @ $8.10 per pound
15,700 hours @ $16.50 per hour
$ 198,000
8,000 units
Print
(1) direct labor rate variance and
(2) direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2
decimal places.
eferences
AH = Actual Hours
SH
AR
Actual Rate
SR
Standard Hours
Standard Rate
C
aw
Actual Cost
$
0
$
0
0
$ 0
Standard Cost
Prev
G▾
of 7
Next
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