Using the following data: Actual direct labor-hours worked Standard direct labor rate Labor efficiency variance 6,100 hours $10 per hour $2,000 Unfavorable The standard hours allowed for December's production is
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- Need helpStandard labor hours per unit of 4.6 hours output Standard labor rate $20.40 per hours The following data pertain to operations concerning the product for the last month: Actual hours worked 7,200 hours 1,500 units Actual total labor cost $147,600 Actual output Required: a. What is the labor rate variance for the month? (Input the amount as a positive va Leave no cells blank - be certain to enter "O" wherever required. Indicate the ef of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" no effect (i.e., zero variance.) Labor rate varianceWhat was the standard rate for August?
- Need AnswerGive true answerDirickson Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Standard Quantity or Hours per Unit of Output Inputs Standard Price or Rate Direct materials $ 9.40 per ounce $ 18.00 per hour $ 5.30 per hour 7.6 ounces Direct labor 0.10 hours Variable manufacturing overhead 0.10 hours The company has reported the following actual results for the product for July: Actual output 7,600 units Raw materials purchased 63,000 ounces Actual cost of raw materials purchased $ 541,800 Raw materials used in production 57,750 ounces Actual direct labor-hours 820 hours $ 16,072 $ 4,592 Actual direct labor cost Actual variable overhead cost The labor efficiency variance for the month is closest to:
- Engstom's direct labor costs for the month may?The following labor standards have been established for a particular product: Standard labor-hours per unit of output Standard labor rate 10.3 hours $14.10 per hour The following data pertain to operations concerning the product for the last month: 8,100 hours Actual hours worked Actual total labor cost Actual output What is the labor efficiency variance for the month? Multiple Choice $19,737 F $19,737 U $16,029 F $16,497 F $ 110,970 900 unitsPlease do not give solution in image format thanku