Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of...

 

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Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $12.60 per hour. Production of 5,200 units required 15,910 hours at an hourly rate of $12.90 per hour. Enter favorable variances as negative numbers. (a) Determine the direct labor rate variance. (b) Determine the direct labor time variance. (c) Determine the cost variance. $ Favorable Unfavorable Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $12.60 per hour. Production of 5,200 units required 15,910 hours at an hourly rate of $12.90 per hour. Enter favorable variances as negative numbers. (a) Determine the direct labor rate variance. (b) Determine the direct labor time variance. (c) Determine the cost variance. $ Favorable Unfavorable

Answer rating: 100% (QA)

SOLUTION a Direct Labor rate variance AH x AR SR or Actual direct labor hours x Actual ... View the full answer