Question: 32 Question 41 (2 points) Saved You have this data for a product made by Evans Company. Direct Labor standards are Quantity standard - 2

 32 Question 41 (2 points) Saved You have this data for

32 Question 41 (2 points) Saved You have this data for a product made by Evans Company. Direct Labor standards are Quantity standard - 2 hours Price standard - $24 per hour 2,000 units were produced in July. During July, the company actually used 4,200 hours of direct labor at an actual price of $24.40 per hour. What is the direct labor price variance for July? 35 36 38 39 $1,680 unfavorable fly $6,480 unfavorable $6.480 favorable $4,800 unfavorable 44 46 47 48 Question 42 (2 points). Saved Smith Company had a unfavorable total direct labor variance. In this case it would NOT be possible for the direct labor price and usage variances respectively, to be 49 50 favorable and unfavorable. unfavorable and favorable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!