TechBuild Manufacturing produces circuit boards for electronic devices. The company has budgeted 2.5 hours of direct labor per circuit board, at a standard cost of $22 per hour. During September, technicians worked 320 hours completing 140 circuit boards. All 140 circuit boards produced were sold. TechBuild paid the technicians $23.25 per hour. What is TechBuild's direct labor cost variance for September?

TechBuild Manufacturing produces circuit boards for electronic devices. The company has budgeted 2.5 hours of direct labor per circuit board, at a standard cost of $22 per hour. During September, technicians worked 320 hours completing 140 circuit boards. All 140 circuit boards produced were sold. TechBuild paid the technicians $23.25 per hour. What is TechBuild's direct labor cost variance for September?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 8EB: Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450...

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