The following data relate to direct labor costs for the current period: Standard costs 7,100 hours at $11.10 Actual costs 6,300 hours at $10.50 What is the direct labor time variance? Oa. $8.880 unfavorable Ob. $8.400 favorable Oc. $8.400 unfavorable Od. 8.880 favorable
The following data relate to direct labor costs for the current period: Standard costs 7,100 hours at $11.10 Actual costs 6,300 hours at $10.50 What is the direct labor time variance? Oa. $8.880 unfavorable Ob. $8.400 favorable Oc. $8.400 unfavorable Od. 8.880 favorable
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The following data relate to direct labor costs for the current period:
Standard costs
7,100 hours at $11.10
Actual costs
6,300 hours at $10.50
What is the direct labor time variance?
Oa. $8.880 unfavorable
Ob. $8,400 favorable
Oc. $8,400 unfavorable
Od. $8,880 favorable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7119d11f-f924-4f7d-9811-448798e2cc15%2F2000962d-a2ab-464a-a84a-a64031a53d2c%2Fada7p2c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following data relate to direct labor costs for the current period:
Standard costs
7,100 hours at $11.10
Actual costs
6,300 hours at $10.50
What is the direct labor time variance?
Oa. $8.880 unfavorable
Ob. $8,400 favorable
Oc. $8,400 unfavorable
Od. $8,880 favorable
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