Provide Direct labor variance Brighton Manufacturing provides the following direct labor data for its operations inNovember:• Actual labor rate: $10.40 per hourActual hours used: 19,500• Standard labor rate: $10.00 per hourStandard hours allowed: 18,200Calculate the total direct labor variance.

Step 1: Definition of Total Direct Labor VarianceThe total direct labor variance measures the…

Answered: Brighton Manufacturing provides the…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 9EB: Eagle Inc. uses a standard cost system. During the most recent period, the company manufactured...

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Rath Company showed the following information for the year: Required: 1. Calculate the standard direct labor hours for actual production. 2. Calculate the applied variable overhead. 3. Calculate the total variable overhead variance.
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A company reports the following information for its direct labor. Actual hours of direct labor used Actual rate of direct labor per hour Standard rate of direct labor per hour Standard hours of direct labor for units produced AH = Actual Hours SH = Standard Hours AR = Actual Rate SR Standard Rate 72,000 $ 15 $ 13 73,800 Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. Actual Cost Standard Cost
A company reports the following information for its direct labor. Actual hours of direct labor used (AH) Actual rate of direct labor per hour (AR) Standard rate of direct labor per hour (SR) Standard hours of direct labor for units produced (SH) 72,000 $ 16 $ 15 73,300 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. Actual Cost Standard Cost
A company reports the following information for its direct labor. Actual hours of direct labor used 64,000 Actual rate of direct labor per hour $ 15 Standard rate of direct labor per hour $ 13 Standard hours of direct labor for units produced 65,300 AH = Actual HoursSH = Standard HoursAR = Actual RateSR = Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable.
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Manufacturing overhead data for the production of Product H by Kingbird Company, assuming the company uses a standard cost system, are as follows. Overhead incurred for 46,100 actual direct labor hours worked $281,880 Overhead rate (variable $5; fixed $1) at normal capacity of 58,300 direct labor hours $6 Standard hours allowed for work done $47,180 Compute the total overhead variance
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The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate The following data pertain to operations concerning the product for the last month: Actual hours worked Actual total labor cost. Actual output What is the labor efficiency variance for the month? Multiple Choice O $26,008 F $26,008 U $22,360 F 7,400 hours $23,048 F $ 96,200 9.6 hours $13.40 per ho 950 units
Larson Manufacturing uses a standard cost system. The direct labor cost standard is $11.00 direct labor hour. The direct labor efficiency standard is 0.5 direct labor hour per unit. Actual direct labor for the month is 1,200 hours for a total cost of $18,000.00. Production for the month was 3,100 units. The journal entry to record direct labor incurred but not paid would be: O A. Work-in - Process Inventory Direct Labor Cost Variance Direct Labor Efficiency Variance Wages Payable O B. Work-in - Process Inventory Direct Labor Cost Variance Direct Labor Efficiency Variance Wages Payable O C. Work-in - Process Inventory Direct Labor Cost Variance Direct Labor Efficiency Variance Wages Payable O D. Work-in - Process Inventory Direct Labor Cost Variance Direct Labor Efficiency Variance Wages Payable 18,000 3,850 3,850 18,000 17,050 4,800 3,850 17,050 4.800 4.800 17,050 17,050 4.800 25,700 3,850 18,000 -C
Vanderwaal company uses a standard costing system provide correct answer accounting

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Brighton Manufacturing provides the following direct labor data for its operations in November: • Actual labor rate: $10.40 per hour Actual hours used: 19,500 • Standard labor rate: $10.00 per hour Standard hours allowed: 18,200 Calculate the total direct labor variance.