Super Canned Air Co (SCAC) produces high pressure canned air products. The company expects to pay $38.00 per hour for their direct labor. SCAC's workforce worked 2,950.40 hours during the month of October and was paid $39.20 per hour. A standard of 2.50 hours of direct labor is expected to be used for each high pressure canned air product produced. Even though SCAC expected to produce 1,138 finished produced, they actually produced 1,191 finished high pressure canned air products during the month of October. Round your final answers to the nearest whole dollar/input code: 0 Enter a favorable variance as a positive number (no sign needed) Enter an unfavorable variances as a negative number (minus sign in front of the digits) How much is the Rate Variance? $ How much is the Efficiency/Time Variance? $
Super Canned Air Co (SCAC) produces high pressure canned air products. The company expects to pay $38.00 per hour for their direct labor. SCAC's workforce worked 2,950.40 hours during the month of October and was paid $39.20 per hour. A standard of 2.50 hours of direct labor is expected to be used for each high pressure canned air product produced. Even though SCAC expected to produce 1,138 finished produced, they actually produced 1,191 finished high pressure canned air products during the month of October. Round your final answers to the nearest whole dollar/input code: 0 Enter a favorable variance as a positive number (no sign needed) Enter an unfavorable variances as a negative number (minus sign in front of the digits) How much is the Rate Variance? $ How much is the Efficiency/Time Variance? $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Super Canned Air Co (SCAC) produces high pressure
canned air products. The company expects to pay
$38.00 per hour for their direct labor. SCAC's
workforce worked 2,950.40 hours during the month
of October and was paid $39.20 per hour. A standard
of 2.50 hours of direct labor is expected to be used
for each high pressure canned air product produced.
Even though SCAC expected to produce 1,138
finished produced, they actually produced 1,191
finished high pressure canned air products during the
month of October.
Round your final answers to the nearest whole
dollar/input code: 0
●
●
Enter a favorable variance as a positive number
(no sign needed)
Enter an unfavorable variances as a negative
number (minus sign in front of the digits)
How much is the Rate Variance? $
How much is the Efficiency/Time Variance? $
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