Question: DL variances produced 6 7 0 frames and worked 1 , 2 0 6 frames and worked 5 , 9 5 8 direct labor hours.

DL variances
produced 670 frames and worked 1,206 frames and worked 5,958 direct labor hours. Payroll records indicate that workers earned $108,733.50.
a. What were the standard hours for July production?
hours
b. What was the actual hourly wage rate? $
c. Calculate the direct labor variances.
Note: Do not use a negative sign with your answers.
Note: Round your final answers to the nearest whole dollar.
Labor rate variance $
U
Labor efficiency variance &
 DL variances produced 670 frames and worked 1,206 frames and worked

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!