The Jamalco Bauxite Company produces aluming and at the beginning of the year the following data was quailiable: (CLO 3) Standand 6.40 Price of direct material Per kg. Usage of material (kg.) Labon Rate Pen Hour Direct labon Houns 570 iQOO Neo6 Actual 6.30 610 3-22 3.42 120 Calculate the direct labor Rate Variance ? 140

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Jamalco Bauxite Company produces aluming
and at the beginning of the year the following
data was quailiable: (CLO 3)
Standard
6.40
Price of direct material
Per kg.
Usage of material (kg.)
Labor Rate Per Hour
Direct labor Houns
570
iQOO Neo6
Actual
6.30
610
3.22
3.42
120
Calculate the direct labor Rate Variance ?
140
"
Transcribed Image Text:The Jamalco Bauxite Company produces aluming and at the beginning of the year the following data was quailiable: (CLO 3) Standard 6.40 Price of direct material Per kg. Usage of material (kg.) Labor Rate Per Hour Direct labor Houns 570 iQOO Neo6 Actual 6.30 610 3.22 3.42 120 Calculate the direct labor Rate Variance ? 140 "
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