Elofs direct labor costs for the month of January follow: Direct labor hourly rate paid.....................$30.00 Total standard

Question:

Elof’s direct labor costs for the month of January follow:

Direct labor hourly rate paid.....................$30.00

Total standard direct labor hours for units produced this period..12,000

Direct labor hours worked......................11,000

Direct labor rate variance.................$33,000 favorable


Required

Compute these:

1. Standard direct labor wage rate per hour in January.

2. Direct labor efficiency variance.


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Related Book For  book-img-for-question

Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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