A company provides a service for which these are the standard data: Direct Labour Costs: 2 DLH
Fantastic news! We've Found the answer you've been seeking!
Question:
A company provides a service for which these are the standard data:
Direct Labour Costs: DLH at EURDLH
Manufacturing Overhead:
o Variable: DLH at EURDLH
o Fixed: DLH at EURDLH
Total use of DLH: DLH
The actual data for a specific month are as follows:
Price variance direct labour: EUR U
Efficiency variance direct labour: EUR U
Actual fixed manufacturing overhead: EUR
Actual variable manufacturing overhead: EUR
Standard DLH allowed for actual production: DLH
Required:
Calculate the actual hourly rate of a DLH
Calculate the efficiency variance for the variable manufacturing overhead.
Calculate the productionvolume variance.
The given answer for these questions are,
EURDLH
EURU
EURU
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date: