TechWave Solutions is a growing company that manufactures wireless security sensors. TechWave has budgeted four hours of direct labor per sensor, at a standard cost of $22 per hour. During October, technicians actually worked 280 hours completing 65 sensors. All 65 sensors actually produced were sold. Tech Wave paid the technicians $23.50 per hour. What is TechWave's direct labor cost variance for October?

TechWave Solutions is a growing company that manufactures wireless security sensors. TechWave has budgeted four hours of direct labor per sensor, at a standard cost of $22 per hour. During October, technicians actually worked 280 hours completing 65 sensors. All 65 sensors actually produced were sold. Tech Wave paid the technicians $23.50 per hour. What is TechWave's direct labor cost variance for October?

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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Viippro Systems is a start-up company that makes connectors for high-speed Internet connections. Viippro Systems has budgeted three hours of direct labor per connector, at a standard cost of $16 per hour. During August, technicians actually worked 195 hours completing 71 connectors. All 71 connectors actually produced were sold. Viippro paid the technicians $16.80 per hour. What is Viippro's direct labor cost variance for August?
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