Information relating to direct labor for the Newstead Company follow: Actual direct labor hours 5,600 Standard direct

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Information relating to direct labor for the Newstead Company follow:

Actual direct labor hours 5,600

Standard direct labor hours 5,400

Total direct labor per payroll $53,200

Standard labor rate per hour $9.00

The entry to record the direct labor cost is:

a. Work in process 53,200

Labor rate variance 2,800

Labor efficiency variance 1,800

Payroll 48,600

b. Work in process 50,400

Labor rate variance 2,800

Payroll 53,200

c. Work in process 48,600

Labor rate variance 2,800

Labor efficiency variance 1,800

Payroll 53,200

d. Work in process 51,400

Labor efficiency variance 1,800

Payroll 53,200

Related Book For answer-question

Cost Management Accounting and Control

ISBN: 978-0324559675

6th Edition

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

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Posted Date: Jan 13, 2022 07:27 AM

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Information relating to direct labor for the Newstead Company follow: Actual direct labor hours 5,600 Standard direct

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Labor rate variance Actual rate standard rateActual hours 53200 5600... View the full answer

Cost Management Accounting and Control

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