Required: the variance analysis for labor.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Q1// The Tryon manufacturing company manufactures the product TRYAD in standard
batches of 100 units, a standard cost system is used. the standard material and labor costs per
batch are:
The standard cost
Cost per batch
Raw materials (70 lbs. @ 0.50 S per lb.)
35 S
Direct labor (40 hours @ 2.75 S per hour )
110 S
Production for November amounted to 210 batches. The actual cost for material and labor
was:
The Actual cost
Cost
Raw materials
14500 lbs.
7975 S
Direct labor
8505 hours
25515 $
Required: the variance analysis for labor.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2219b219-07ff-4628-8575-522b875b0acf%2F9eba04ab-abe9-4289-95a3-378e5cff6070%2Fetbd0pi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Q1// The Tryon manufacturing company manufactures the product TRYAD in standard
batches of 100 units, a standard cost system is used. the standard material and labor costs per
batch are:
The standard cost
Cost per batch
Raw materials (70 lbs. @ 0.50 S per lb.)
35 S
Direct labor (40 hours @ 2.75 S per hour )
110 S
Production for November amounted to 210 batches. The actual cost for material and labor
was:
The Actual cost
Cost
Raw materials
14500 lbs.
7975 S
Direct labor
8505 hours
25515 $
Required: the variance analysis for labor.
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