AutoSave Off File Home Insert Page Layout J10 HP Chapter 23 Weekly Activities Questions and Template Formulas Data Review View Developer PROTECTED VIEW This file has been verified by Microsoft Defender Advanced Threat Protection and it hasn't de A 1 Problem 5: DL Variances 2 fxx B C D E F 3 The following data relate to labor cost for production of 3,500 Ph meters: 4 5 Actual: 2,850 hrs. at $15.70 6 Standard: 2,700 hrs. at $16.20 7 Hours Rate 2850 15.70 2700 16.20 8 Required: 9 A. Determine the following Direct Labor variances 10 11 i) Direct Labor Rate Variance: 12 (AR-SR) x AH for Actual Production 13 14 ii) Direct Labor Time Variance: 15 (AH-SH) for Actual Production x SR 16 17 ) Total Direct Labor Cost Variance: 18 DLRV + DLTV 19 20 B. Briefly explain the reasons for unfavorbale DL cost variance. 21 22 Answer 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37