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Dvorak Company produces a product that requires three standard hours per unit at a standard hourly rate of $ 17

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Dvorak Company produces a product that requires three standard hours per unit at a standard hourly rate of $ 17 per hour. If 1,000 units required 2,800 hours at an hourly rate of $ 16.50 per hour, what is the direct labor?
(a) Rate variance,
(b) Time variance,
(c) Cost variance?

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a Direct labor rate 1 400 16 50 17 00 2 800 hrs …View the full answer


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Sumit kumar
Education details: QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from GNIOT Greater Noida TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida CERTIFICATION Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks. EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop. Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
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Related Book For  answer-question
Financial and Managerial Accounting

Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Details
Chapter # 22- Performance Evaluation Using Variances from Standard Costs
Section: Practice Exercises
Problem: 4
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Question Posted: June 27, 2014 03:22:04
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