What is the total standard cost for the month? Labour efficiency variance $6,000 unfavourable Actual variable manufacturing
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Question:
What is the total standard cost for the month?
Labour efficiency variance | $6,000 unfavourable |
Actual variable manufacturing overhead costs | $34,650 |
Variable overhead efficiency variance | $2,000 favourable |
Units produced | 8,500 |
Standard labour rate per direct labour hour | $13 |
Standard variable overhead rate per direct labour hour | $2.40 |
Actual labour hours used | 7,000 |
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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