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cher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 25.50 per finished unit 64,600 hrs. 32,000 units $895,850 Multiple Choice О О $79,850 unfavorable. $79,850 favorable. О $72,200 favorable. О $72,200 unfavorable.

cher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 25.50 per finished unit 64,600 hrs. 32,000 units $895,850 Multiple Choice О О $79,850 unfavorable. $79,850 favorable. О $72,200 favorable. О $72,200 unfavorable.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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cher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 25.50 per finished unit 64,600 hrs. 32,000 units $895,850 Multiple Choice О О $79,850 unfavorable. $79,850 favorable. О $72,200 favorable. О $72,200 unfavorable.
Transcribed Image Text:cher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) Actual direct labor hours Actual finished units produced Actual cost of direct labor $ 25.50 per finished unit 64,600 hrs. 32,000 units $895,850 Multiple Choice О О $79,850 unfavorable. $79,850 favorable. О $72,200 favorable. О $72,200 unfavorable.
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