Question: Chapter 8: Case made 24,500 units during June, using 32.000 direct labor hours. They expected to use 31,450 hours per the standard cost card. Their

 Chapter 8: Case made 24,500 units during June, using 32.000 direct
labor hours. They expected to use 31,450 hours per the standard cost
card. Their employees were paid $15.75 per hour for the month of
June. The standard cost card uses $15.50 as the standard hourly rate.

Chapter 8: Case made 24,500 units during June, using 32.000 direct labor hours. They expected to use 31,450 hours per the standard cost card. Their employees were paid $15.75 per hour for the month of June. The standard cost card uses $15.50 as the standard hourly rate. Compute the direct labor rate and efficiency variances for the month of June, and also calculate the total direct labor variance Standard Costs and Variances Template.xlsx Questions: 9, 10, & 11 D Question 9 10 pts Chapter 8: What is the Direct Labor Rate Variance? O $8,525 Unfavorable O $8,800 Favorable O $6,420 Favorable None of the Choices O $8,000 Unfavorable D Question 10 10 pts Chapter 8: What is the Direct Labor Efficiency Variance? None of the Choices $8,800 Favorable $6,420 Favorable $8,525 Unfavorable $8,000 Unfavorable D Question 11 4 pts Chapter 8: What is the Total Direct Labor Variance? None of the Choices $34,257 Unfavorable $12,250 Favorable $16,525 Unfavorable O $3,743 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!