Hit-n-Run Food Trucks, Inc. owns and operates food trucks (mobile kitchens) throughout the west coast. The company's
Question:
The truck offers a single menu item which changes daily. On November 11, the truck prepared 200 of its most popular item, the Irish Breakfast Enchiladas. The following data are available for that day:
Quantity of direct labor used...........................24hrs.
(3 employees, working 8 hour shifts)
Actual rate for direct labor .............................$15.00 per hr.
Standard direct labor per meal ........................0.1 hr.
Standard rate for direct labor .........................$15.50 per hr.
a. Determine the direct labor rate variance, direct labor time variance, and the total direct labor cost variance.
b. Discuss what might have caused these variances.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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