Information for Garner Companys direct-labor costs for the month of September 2011 was as follows Actual direct-labor
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Information for Garner Company’s direct-labor costs for the month of September 2011 was as follows
Actual direct-labor hours ...............................34,500 hours
Standard direct-labor hours ...........................35,000 hours
Total direct-labor payroll .....................................$241,500
Direct-labor efficiency variance—favorable ..........$ 3,200
[CPA Adapted] What is Garner’s direct-labor price (or rate) variance?
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Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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