Figure $10\mathrm{.}2$ Direct Materials Variance Analysis for Jerry's Ice CreamFigure $10\mathrm{.}3$ Direct Labor Variance Analysis for Jerry's Ice Cream

$A^{}$

$5$

Note: $AH=$ Actual hours of direct labor. $AR=$ Actual rate incured for drect labor, $SR=$ Standard rate for diect labor. $SH=$ Standard hours of direct labor for actual level of activity. "Standard hours of $21,000=5$ tandand of $0,10$ hours per unit $210,000$ actual units produced and sold. $"$ $$273,000$ standard direct laber cost matches the floxible budget presented in Tablo $10\mathrm{.}2$ $$37,000$ unfavorable Labor rate variance $=$$$283,500-$$$245,700.$ Variance is unlavorable beckuse the actual rate of $$15$ is higher than the expected $($budgeted$)$ rate of $)$ favorable labor efficlincy variance $=$$$245,700-$$$273\mathrm{.}000.$ Variance is favoratlo because the actual hours of $18,900$ are lower than the expected $($budgeted$)$ hours of $21,000$

Show long descriptionMaterials and Labor Variances $($contimed$)$

b$.$ As shown below, the labor rate variance is: As sbown below, the habor efficiency variance is:

Actual Labor Costs

Check your detail work here by reviewing the

Correct$/$fincorrect columen.

Check your work

AH ws Iscorrect

AR in Incorrect

$AHAR$ is: Iscorrect

SR he Incorrect

$AHSR$ is: Correct

SH is: Incerrect

$SHSR$ is Incorrect

$2$

After completing the table below, put your final variance answers here. Enter as negative amount if favorable and positive amount if unfavorable.

$0$

$2$

$3$

$418.$ Materials and Labor Variances

a$.$ As shows below, the materials price variance in: As shows below, the materids ganetiy variance in:

After completing the table below, pul your final variance answers here. Inter as negative amount if favorable and poritive amonet if unfivorable.