Using the following direct labor information, calculate the direct labor rate variance and the direct labor...

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Using the following direct labor information, calculate the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable. Standard rate of direct labor Standard hours of direct labor for actual units produced Actual hours of direct labor used Actual rate of direct labor AH = Actual Hours SH = Standard Hours AR = Actual Rate SR Standard Rate $ 52 per hour 12,100 12,525 $ 55 per hour Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Actual Cost Standard Cost Using the following direct labor information, calculate the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable. Standard rate of direct labor Standard hours of direct labor for actual units produced Actual hours of direct labor used Actual rate of direct labor AH = Actual Hours SH = Standard Hours AR = Actual Rate SR Standard Rate $ 52 per hour 12,100 12,525 $ 55 per hour Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Actual Cost Standard Cost

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Answer To calculate the direct labor rate variance we need to find the difference between the ... View the full answer