ces ! 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 Units manufactured Standard Quantity and Cost 5 pounds @ $8 per pound 2 DLH @ $15 per DLH 2 DLH @ $12 per DLH Actual Results 42,000 pounds @ $8.20 per pound 16,300 hours @ $15.40 per hour $ 204,800 8,300 units Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate AH Actual Cost X X AR + AH X SR X $ 0 $ 0 0 $ 0 Standard Cost SH X SR X
ces ! 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 Units manufactured Standard Quantity and Cost 5 pounds @ $8 per pound 2 DLH @ $15 per DLH 2 DLH @ $12 per DLH Actual Results 42,000 pounds @ $8.20 per pound 16,300 hours @ $15.40 per hour $ 204,800 8,300 units Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate AH Actual Cost X X AR + AH X SR X $ 0 $ 0 0 $ 0 Standard Cost SH X SR X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
rert
![ces
!
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
Units manufactured
Standard Quantity and Cost
5 pounds @ $8 per pound
2 DLH @ $15 per DLH
2 DLH @ $12 per DLH
Actual Results
42,000 pounds @ $8.20 per pound
16,300 hours @ $15.40 per hour
$ 204,800
8,300 units
Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting
favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.)
AH Actual Hours
SH
Standard Hours
AR Actual Rate
SR
Standard Rate
AH
Actual Cost
X
X
AR
+
AH
X
SR
X
$
0
$
0
0
$
0
Standard Cost
SH
X
SR
X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd7bb4136-8800-4574-956f-7e326c42ad72%2F6af5f7a5-d290-4cab-a53d-a35a5556c3f0%2Fqvmj2ob_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ces
!
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
Units manufactured
Standard Quantity and Cost
5 pounds @ $8 per pound
2 DLH @ $15 per DLH
2 DLH @ $12 per DLH
Actual Results
42,000 pounds @ $8.20 per pound
16,300 hours @ $15.40 per hour
$ 204,800
8,300 units
Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting
favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.)
AH Actual Hours
SH
Standard Hours
AR Actual Rate
SR
Standard Rate
AH
Actual Cost
X
X
AR
+
AH
X
SR
X
$
0
$
0
0
$
0
Standard Cost
SH
X
SR
X
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