Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate...

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Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $19.30 per hour. Production of 6,500 units required 13,390 hours at an hourly rate of $18.90 per hour. What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance? Enter favorable variances as negative numbers. a. Direct labor rate variance b. Direct labor time variance c. Total direct labor cost variance ? Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of $19.30 per hour. Production of 6,500 units required 13,390 hours at an hourly rate of $18.90 per hour. What is the direct labor (a) rate variance, (b) time variance, and (c) total cost variance? Enter favorable variances as negative numbers. a. Direct labor rate variance b. Direct labor time variance c. Total direct labor cost variance ?

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To calculate the direct labor variances we need to compare the standard labor costs with the actual ... View the full answer