Chapter 22 Homework > Direct labor Direct materials and direct labor variances At the beginning of April, Winslow Toy Company budgeted 11,000 toy action figures to be manufactured in April at standard direct Direct materials Total Total $6,600 7,150 $13,750 The standard materials price is $0.40 per pound. The standard direct labor rate is $13.00 per hour. At the end of April, the actual d Actual direct materials Actual direct labor eBook Feedback $6,000 6,500 $12,500 There were no direct materials price or direct labor rate variances for April. In addition, assume no changes in the direct materials April. Check My Work Show Me How Determine the direct materials quantity and direct labor time variances. Round your per unit computations to two decimal pla variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct materials quantity variance Direct labor time variance Unfavorable Unfavorable Check My Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as decreasing costs (a credit).

Direct materials and direct labor variances At the beginning of Apri, Winslow Toy Company budgeted 11,000 toy action figures to be manufactured in April at standard direc The standard materials price is $0.40 per pound. The standard direct labor rate is $13.00 per hour. At the end of April, the actual There were no direct materials price or direct labor rate variances for April. In addition, assume no changes in the direct materials Aprii. Determine the direct materials quantity and direct labor time variances. Round your per unit computations to two decimal p variance as a negative number using a minus sign and an unfavorable variance as a positive number. Feodback r Check My Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as decreasing costs (a credit)