Goldman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.4 hours per glass, at a cost of $16 per hour. The actual results for one month's production of 6,543 glasses were 0.7 hours per glass, at a cost of $16 per hour. Calculate the total direct labor spending variance for the month.

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Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 7PB: Marymount Company makes one product. In the month of April, it made 3,500 units. Workers were paid...
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Goldman, Inc. manufactures lead crystal glasses. The standard direct
labor time is 0.4 hours per glass, at a cost of $16 per hour. The actual
results for one month's production of 6,543 glasses were 0.7 hours per
glass, at a cost of $16 per hour.
Calculate the total direct labor spending variance for the month.
Transcribed Image Text:Goldman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.4 hours per glass, at a cost of $16 per hour. The actual results for one month's production of 6,543 glasses were 0.7 hours per glass, at a cost of $16 per hour. Calculate the total direct labor spending variance for the month.
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