Total cost Labor cost Labor hours Wage rate per 1,000 papers Standard variable cost of processing 1,600,000 papers 10) The following information pertains to 1,200,000 papers that were processed by DEP Company: The following processing standards have been set for DEP Co.'s clerical workers: Number of hours per 1,000 papers processed Normal number of papers processed per year Fixed costs per year DEP's labor rate variance is $1,050,000 A) $50,000 unfavorable. C) $10,000 unfavorable. $ 950,000 B) $40,000 favorable. D) SO 190,000 150 1,600,000 $750 $1,280,000 $ 200,000
Total cost Labor cost Labor hours Wage rate per 1,000 papers Standard variable cost of processing 1,600,000 papers 10) The following information pertains to 1,200,000 papers that were processed by DEP Company: The following processing standards have been set for DEP Co.'s clerical workers: Number of hours per 1,000 papers processed Normal number of papers processed per year Fixed costs per year DEP's labor rate variance is $1,050,000 A) $50,000 unfavorable. C) $10,000 unfavorable. $ 950,000 B) $40,000 favorable. D) SO 190,000 150 1,600,000 $750 $1,280,000 $ 200,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1
Transcribed Image Text:Total cost
Labor cost
Labor hours
Wage rate per 1,000 papers
Standard variable cost of processing 1,600,000 papers
10) The following information pertains to 1,200,000 papers that were processed by DEP
Company:
The following processing standards have been set for DEP Co.'s clerical workers:
Number of hours per 1,000 papers processed
Normal number of papers processed per year
Fixed costs per year
DEP's labor rate variance is
$1,050,000
A) $50,000 unfavorable.
C) $10,000 unfavorable.
$ 950,000
B) $40,000 favorable.
D) SO
190,000
150
1,600,000
$750
$1,280,000
$ 200,000
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