The following data relate to labor cost for production of 5,100 cellular telephones:Actual: 3,430 hrs. at $12.70Standard: 3,380 hrs. at $13.00a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus signand an unfavorable variance as a positive number.1,266 X910 X-368 XRate varianceFavorableUnfavorable✓Time varianceTotal direct labor cost varianceFavorable •✓b. The employees may have been less-experienced or poorly trained, thereby resulting in a lowermay have resulted in less ✔efficient performance. Thus, the actual time required was more✓✔labor rate than planned. The lower level of experience or training✔than standard.

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Description: The following data relate to labor cost for production of 5,100 cellular telephones:Actual: 3,430 hrs. at $12.70Standard: 3,380 hrs. at $13.00a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost varian

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he following data relate to labor cost for production of 5,100 cellular telephones: ctual: 3,430 hrs. at $12.70 tandard: 3,380 hrs. at $13.00 Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorab nd an unfavorable variance as a positive number. ate variance 1,266 X Favorable

he following data relate to labor cost for production of 5,100 cellular telephones: ctual: 3,430 hrs. at $12.70 tandard: 3,380 hrs. at $13.00 Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorab nd an unfavorable variance as a positive number. ate variance 1,266 X Favorable

FINANCIAL ACCOUNTING

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Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Direct Labor Variances The following data relate to labor cost for production of 4,100 cellular telephones: Actual: 2,750 hrs. at $13.00 Standard: 2,710 hrs. at $13.30 a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Rate variance $ Time variance $ Total direct labor cost variance b. The employees may have been less-experienced workers who were paid less than more-experienced workers or poorly trained, thereby resulting in a labor rate than planned. The lower level of experience or training may have resulted in efficient performance. Thus, the actual time required was than standard.
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