Isabelle Cookware , Inc. manufactures a product that has a standard direct labor cost of four hours per unit at $24 per hour . In producing 6,000 units , the foreman used a different crew than usual , which resulted in a total labor cost of $26 per hour for 22,000 hours . Compute the labor variances . Labor rate variance $ 48,000 unfavorable ; Labor efficiency variance $44,000 favorable efficiency variance Labor rate variance = $48,000 favorable ; Labor efficiency variance $44,000 unfavorable efficiency variance None of the listed choices are correct Labor rate variance $44,000 unfavorable ; Labor efficiency variance $48,000 favorable efficiency variance Labor rate variance $44,000 favorable ; Labor efficiency variance =$48,000 unfavorable efficiency variance
Isabelle Cookware , Inc. manufactures a product that has a standard direct labor cost of four hours per unit at $24 per hour . In producing 6,000 units , the foreman used a different crew than usual , which resulted in a total labor cost of $26 per hour for 22,000 hours . Compute the labor variances .
Labor rate variance $ 48,000 unfavorable ; Labor efficiency variance $44,000 favorable efficiency variance
Labor rate variance = $48,000 favorable ; Labor efficiency variance $44,000 unfavorable efficiency variance
None of the listed choices are correct
Labor rate variance $44,000 unfavorable ; Labor efficiency variance $48,000 favorable efficiency variance
Labor rate variance $44,000 favorable ; Labor efficiency variance =$48,000 unfavorable efficiency variance
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
