Buddy Company produces various lighting products, including lamps and lampshades. The following data pertains to the...
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Buddy Company produces various lighting products, including lamps and lampshades. The following data pertains to the direct labour costs associated with the production of 3,000 lampshades during January: Actual direct labour costs incurred S14,685 Standard direct labour cost allowed for actual units produced S12,375 Direct labour efficiency variance $3,300 unfavourable The actual direct labour rate was $2 per hour lower than the budgeted direct labour rate. What was the actual amount of direct labour time used to produce one lampshade in January? 0.385 hour per unit a) 1.1 hours per unit b) 0.15 hour per unit c) 0.935 hour per unit d) 0.55 hour per unit e) Buddy Company produces various lighting products, including lamps and lampshades. The following data pertains to the direct labour costs associated with the production of 3,000 lampshades during January: Actual direct labour costs incurred S14,685 Standard direct labour cost allowed for actual units produced S12,375 Direct labour efficiency variance $3,300 unfavourable The actual direct labour rate was $2 per hour lower than the budgeted direct labour rate. What was the actual amount of direct labour time used to produce one lampshade in January? 0.385 hour per unit a) 1.1 hours per unit b) 0.15 hour per unit c) 0.935 hour per unit d) 0.55 hour per unit e)
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Total flexible budget variance Standard direct labour costs Actual direct l... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Posted Date:
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