FINANCIAL AND MANAGERIAL ACCOUNTING
9th Edition
ISBN: 9781265325947
Author: Wild
Publisher: MCG
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If you give me true answer this general accounting question I will give you helpful rate
Empire Manufacturing recorded the following direct
materials costs for December:
Actual Costs: 5,200 pounds at $4.80 per pound
Standard Costs: 5,000 pounds at $5.00 per pound
Question:
What is the direct materials quantity variance?
A) $1,000 unfavorable
B) $960 favorable
C) $1,000 favorable
D) $960 unfavorable
Delta Manufacturing has a standard wage rate of $12.50 per direct labor-
hour (DLH), and each unit of output requires 5.2 DLHs.
In June, 3,200 units were produced, the actual wage rate was $12.20 per
DLH, and the actual hours worked were 17,500 DLHs.
Compute the Labor Efficiency Variance for June.
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