Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows: system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac 0.4hours/ Phob Direct labor Per unit of Product $3.60 Total Variable manufacturing overhead (based on DLH) $7,020 $2.340 $1.20 During April, the factory worked 760 direct labor hours and produced 2,000 robes. The following certain actual costs were recorded during the month Per unit of Product $1.90 Variable manufacturing overhead Total $3,800 ospending variance for Direct Labor: S 400.00 unfavorable The labor rate variance is: 760 unfavorable stardard houns Actual hours Actual hour S S 760 favorable C. S 360 favorable D. Actual rate 7694 76 s E. None of the above 360 unfavorable standard Rati 760 standarol rat 9 フ020 7,4210 16,840 400 hcne var Aendung vowance standara hours 780 hate van 5 The variable overhead efficiency variance is: 120 unfavorable $ Achial hours760 B. $ 120 favorable 360 favorable 360 unfavorable X C. $ D. S Stardard Rate x 3 X 3 St Rata 2,280 E. None of the above 2, 340 Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance 12.200 eallons 038
Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows: system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac 0.4hours/ Phob Direct labor Per unit of Product $3.60 Total Variable manufacturing overhead (based on DLH) $7,020 $2.340 $1.20 During April, the factory worked 760 direct labor hours and produced 2,000 robes. The following certain actual costs were recorded during the month Per unit of Product $1.90 Variable manufacturing overhead Total $3,800 ospending variance for Direct Labor: S 400.00 unfavorable The labor rate variance is: 760 unfavorable stardard houns Actual hours Actual hour S S 760 favorable C. S 360 favorable D. Actual rate 7694 76 s E. None of the above 360 unfavorable standard Rati 760 standarol rat 9 フ020 7,4210 16,840 400 hcne var Aendung vowance standara hours 780 hate van 5 The variable overhead efficiency variance is: 120 unfavorable $ Achial hours760 B. $ 120 favorable 360 favorable 360 unfavorable X C. $ D. S Stardard Rate x 3 X 3 St Rata 2,280 E. None of the above 2, 340 Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance 12.200 eallons 038
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost
month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows:
system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac
0.4hours/
Phob
Direct labor
Per unit of Product
$3.60
Total
Variable manufacturing overhead (based on DLH)
$7,020
$2.340
$1.20
During April, the factory worked 760 direct labor hours and produced 2,000 robes.
The following certain actual costs were recorded during the month
Per unit of Product
$1.90
Variable manufacturing overhead
Total
$3,800
ospending variance for Direct Labor:
S
400.00 unfavorable
The labor rate variance is:
760 unfavorable
stardard houns
Actual hours
Actual hour S
S
760 favorable
C.
S
360 favorable
D.
Actual rate
7694 76
s
E. None of the above
360 unfavorable
standard Rati
760
standarol rat
9
フ020
7,4210
16,840
400 hcne var
Aendung vowance
standara hours 780
hate van
5 The variable overhead efficiency variance is:
120 unfavorable
$
Achial hours760
B. $
120 favorable
360 favorable
360 unfavorable
X
C. $
D. S
Stardard Rate x 3
X 3
St Rata
2,280
E. None of the above
2, 340
Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance
12.200 eallons
038
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