Use the following data to find the total direct labor cost variance if the company produced 3,700 units during the period. Direct labor standard (4hrs. @ $6/hr.) $24 Actual hours worked Actual rate per hour a. $7,400 unfavorable b. $12,950 favorable. c. $64,750 favorable. d. $4,625 unfavorable. e. $7,400 favorable. 3,700 $6.50

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter23: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 9DQ: At the end of the period, the factory overhead account has a credit balance of 10,000. (a) Is the...
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Use the following data to find the total direct labor cost variance if the company produced 3,700
units during the period.
Direct labor standard (4hrs. @ $6/hr.) $24
Actual hours worked
Actual rate per hour
a. $7,400 unfavorable
b. $12,950 favorable.
c. $64,750 favorable.
d. $4,625 unfavorable.
e. $7,400 favorable.
3,700
$6.50
Transcribed Image Text:Use the following data to find the total direct labor cost variance if the company produced 3,700 units during the period. Direct labor standard (4hrs. @ $6/hr.) $24 Actual hours worked Actual rate per hour a. $7,400 unfavorable b. $12,950 favorable. c. $64,750 favorable. d. $4,625 unfavorable. e. $7,400 favorable. 3,700 $6.50
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