Strawberry Mansion Company reported the following: Standard hours per unit 2.5 hours Standard rate per hour $16.00 Actual hours used 12,560 Actual rate per hour $15.50 Number of units produced 4,900 Determine the direct labor rate variance. a.$6,280 favorable b.$6,125 favorable c.$6,125 unfavorable d.$6,280 unfavorable

Q: Planned                        Actual                    Production…

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A: Direct labor rate variance = Actual direct labor hours used x (Standard rate per hour - Actual rate…

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Q: QUESTION 3

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A: If you have any help please let me know in comment box and then I will help you.

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Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance. 

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.