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labor variance. the following are the records of irvin corp for the month, of march : standard direct labor hour allowed 22,000 actual direct labor rate P15 actual direct labor hours 20,000
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- The standard rate of pay is 12 per direct labor hour. If the actual direct labor payroll was $51744 for 4400 direct labor hours worked, the e direct labor price (rate) variance is a. $1200 unfavorable b. $1200 favorable c. $1056 favorable d. $1056 untavorableWilliams Corporation reports the following direct labor information for November: Standard rate $ 36.00 per hour Actual rate paid $ 36.70 per hour Standard hours allowed for actual production 44,400 hours Labor efficiency variance $ 234,000 F Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)AGL Inc. provided the following data related to the direct labor costs for the current period: Data Related to Direct Labor Costs Data Rate Hours Standard $17.50 12,000 Actual $15.50 14,000 Determine the direct labor cost variance. Group of answer choices -$7,000 favorable -$28,000 favorable $7,000 unfavorable $28,000 unfavorable
- The following labor standards have been established for a particular product: Standard labor hours per unit of output 8.7 hours Standard labor rate $18.10 per hour The following data pertain to operations concerning the product for November: Actual hours worked 3,800 hours Actual total labor cost $67,640 Actual output 500 units What is the direct labor rate variance for November?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 unitsThe following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.7 hours Standard labor rate $12.50 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,500 hours Actual total labor cost $78,650 Actual output 900 units What is the labor efficiency variance for the month? Multinl e CholcA
- Information on Skymaster Company’s direct labor costs for the month of January follows: Actual direct labor rate $7.50 Standard direct labor hours allowed 11,000 Actual direct labor hours 10,000 Direct labor rate variance—favorable $5,500 What was the standard hourly direct labor rate in effect for the month of January?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 5,700 hours $ 98,610 4.9 hours $17.20 per hour 1,100 units Required: a. What is the labor rate variance for the month? b. What is the labor efficiency variance for the month? Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.Use the following data to find the direct labor rate variance if the company produced 3,800 units during the period. Direct labor standard (4 hrs. @ $6.95/hr.) $27.80 per unit Actual hours worked 14,000 Actual rate per hour $7.40
- In October, Pine Company reports 19,200 actual direct labor hours, and it incurs $126,000 of manufacturing overhead costs. Standard hours allowed for the work done is 21,000 hours. The predetermined overhead rate is $5.75 per direct labor hour. Compute the total overhead variance. Total Overhead Variance $The following data are available for February: Actual direct labor-hours worked ... 6500 hours Standard direct labor rate ...... $8 per hour Labor rate variance .. $2600 favorable The actual direct labor rate for February is:TB MC Qu. 14-67 (Static) The actual direct labor rate per hour (AP) for February: Lucky Company Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) Standard direct labor hours allowed (SQ) Total payroll for direct labor Direct labor efficiency variance The actual direct labor rate per hour (AP) for February was: Multiple Choice. O O O O $12.60. $13.20. $12.30. $12.00. $13.50. 61,500 63,000 $ 774,900 $ 18,000