Question: ) Gregor has the following information pertaining to its usage of direct labor in a recent period: Total units manufactured 6 , 8 0 0
Gregor has the following information pertaining to its usage of direct labor in a recent period:
Total units manufactured
Total direct labor hours used
Actual wage rate per hour $
Standard wage rate per hour $
Standard hours per unit of output
a What is the total $ amount of the direct labor efficiency or usage, or quantity variance for the period? Is it favorable or unfavorable?
b What is the total $ amount of the labor rate variance for the period? Is it favorable or unfavorable?
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