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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Question Posted: