How much is the direct labor rate variance? The actual cost of direct labor per hour is $32and the standard cost of direct labor per houris $27.50. The direct labor hours allowed perfinished unit is 0.95 hours. During the currentperiod, 6,400 units of finished goods wereproduced using 3,200 direct labor hours.How much is the direct labor rate variance?

Explanation of Direct Labor Rate: This represents the hourly wage paid to workers who directly work…

Answered: The actual cost of direct labor per…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 8PA: Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate...

See similar textbooks

Similar questions

Marymount Company makes one product. In the month of April, it made 3,500 units. Workers were paid $32 per hour for labor, for a total of $718,848. The standard hours per unit are 6.4, and the standard labor wage rate is $38.40 per hour. A. What are the actual hours worked? B. What are the standard hours for the units made? C. What is the direct labor rate variance for April? D. What Is the direct labor time variance for April? E. What is the total direct labor variance for April?
How much is the direct labour rate variance ?
??!!
Total direct Labor?
The actual cost of direct labor per hour is $16.00 and the standard cost of direct labor per hour is $15.50. The direct labor hours allowed per finished unit is 0.5 hour. During the current period, 5,500 units of finished goods were produced using 3,000 direct labor hours. How much is the direct labor efficiency variance? a. $3,875 favorable b. $3,875 unfavorable c. $4,000 favorable d. $4,000 unfavorable
The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual number of direct labor hours worked was 6,300. If the direct labor price variance was $3,150 unfavorable, and the standard rate of pay was $9 per direct labor hour, what was the actual rate of pay for direct labor? Select one: a. $7.50 per direct labor hour b. $8.50 per direct labor hour c. $9.50 per direct labor hour d. $9.00 per direct labor hour e. $9.80 per direct labor hour
The actual cost of direct labor per hour is $18 and the standard cost of direct labor per hour is $14.50. The direct labor hours allowed per finished unit is 0.75 hours. During the current period, 5,100 units of finished goods were produced using 2,800 direct labor hours. How much is the direct labor rate variance? A. $9,800 favorable B. $17,850 favorable C. $17,850 unfavorable D. $9,800 unfavorable
What is the direct labour time variance ?
What is the direct labor time variance?
The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2,300 units, the actual direct labor cost was $68,800 for 4,300 direct labor hours worked, the total direct labor variance is____?
The standard number of hours that should have been worked for the output attained is 10,000 direct labor hours and the actual number of direct labor hours worked was 10,500. If the direct labor rate variance was P10,500 unfavorable, and the standard rate of pay was P12 per direct labor hour, what was the actual rate of pay for direct labor? A. P11 per hour B. P9 per hour C. P13 per hour D. P12 per hour
Assume the following: • The standard labor rate per hour is $17.00. • The standard labor-hours allowed per unit of finished goods is 3 hours. • The actual quantity of labor hours worked during the period was 44,000 hours. • The total actual direct labor cost for the period was $726,000. • The company produced 15,000 units of finished goods during the period. What is the labor efficiency variance? Multiple Choice $17,000 U $17,000 F $22,000 U $22,000 F

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

SEE MORE TEXTBOOKS