For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Direct Labor Rate Direct Labor Direct Labor Case Variance Efficiency Variance Spending Variance A $ 1,250 U 2$ 2,200 F B 1,500 F 2$ 2,500 U C 1,500 F $ 2,800 F $ 1,000 U 2$ 3,500 U E $ 1,600 F $ 2,450 U F $ 1,150 U $ 1,650 U

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by
selecting "F" for favorable, "U" for unfavorable.)
Direct Labor Rate
Direct Labor
Direct Labor
Case
Variance
Efficiency Variance Spending Variance
A
1,250 U
$
2,200 F
В
1,500 F
2,500 U
1,500 F
$
2,800 F
D
1,000 U
3,500 U
$
1,600 F
$
2,450 U
F
$
1,150 U
$
1,650 U
t.....
%24
24
%24
%24
%24
%24
24
Transcribed Image Text:For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Direct Labor Rate Direct Labor Direct Labor Case Variance Efficiency Variance Spending Variance A 1,250 U $ 2,200 F В 1,500 F 2,500 U 1,500 F $ 2,800 F D 1,000 U 3,500 U $ 1,600 F $ 2,450 U F $ 1,150 U $ 1,650 U t..... %24 24 %24 %24 %24 %24 24
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