Hunter Family Instruments makes cellos. During the past year, the company made 3,500 cellos even though the
Question:
Hunter Family Instruments makes cellos. During the past year, the company made 3,500 cellos even though the budget planned for 3,600. The company paid its workers an average of $20 per hour, which was $0.50 higher than the standard labor rate. The production manager budgets 6 direct labor hours per cello. During the year, a total of 20,840 direct labor hours were worked.
Required
a. Calculate the direct labor rate and efficiency variances.
b. What might have caused the variances you calculated?
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a b Hunter may have hired workers who had a higher level o...View the full answer
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