The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 1,200 units, the actual direct labor cost was $32,000 for 2,000 direct labor hours worked, the total direct labor variance is
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- 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?At the beginning of the year, Lopez Company had the following standard cost sheet for one of its chemical products: Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows: (a) Units produced: 79,600; (b) Direct labor: 158,900 hours at 18.10; (c) FOH: 831,000; and (d) VOH: 112,400. Required: 1. Compute the variable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume variances.A manufacturer planned to use $78 of variable overhead per unit produced, but in the most recent period, it actually used $76 of variable overhead per unit produced. During this same period, the company planned to produce 500 units but actually produced 540 units. What is the variable overhead spending variance?
- Fitzgerald Company manufactures sewing machines, and they produced 2,500 this past month. The standard variable manufacturing overhead (M0H) rate used by the company is $6.75 per machine hour. Each sewing machine requires 13.5 machine hours. Actual machine hours used last month were 33,500, and the actual variable MOH rate last month was $7.00. Calculate the variable overhead rate variance and the variable overhead efficiency variance.The per-unit standards for direct labor are 2 direct labor hours at P15 per hour. If in producing 1,200 units, the actual direct labor cost was P32,000 for 2,000 direct labor hours worked, the total direct labor variance isThe 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 standard direct labor cost per unit for a company was $21 (= $14 per hour × 1.5 hours per unit). During the period, actual direct labor costs amounted to $136,500, 9,600 labor-hours were worked, and 5,600 units were produced. Required: Compute the direct labor price and efficiency variances for the period.Sputnik Company produced 3,200 units of product. Each unit requires 2 standard hours. The standard labor rate is P15 per hour. Actual direct labor for the period was P79,200 (6,600 hours x P12) What is the direct labor rate variance? What is the direct labor time variance?The following data relate to direct labor costs for the current period: Standard costs 7,500 hours at $11.20 Actual costs 6,100 hours at $10.10 The direct labor rate variance is
- The per-unit standards for direct labor are 1.4 direct labor hours at $13 per hour. If in producing 2800 units, the actual direct labor cost was $45200 for 3400 direct labor hours worked, the total direct labor variance is $5760 favorable. $2360 unfavorable. $5760 unfavorable. $2800 unfavorable.Feagin Company’s actual variable overhead was $73,000. Actual direct labor hours were 25,000 to make 20,000 finished products. The per-unit standard for direct labor hour is 1.5 hours, and the pre-determined variable overhead rate is $3 per direct labor hour. What were (1) the variable overhead spending variance (2) the variable overhead efficiency variance?The standard direct labour cost of Product Z is as follows: Four hours of grade B labour at £3 per hour is equal to £12 per unit of product Z. During period four, 900 units of Product Z were made, and the direct labour cost of grade C labour was £9,400 for 2,000 hours of work. What is the total direct labor variance?
