Question: please comment answers in comments Affordable Electronics Inc, manufactures medium-quality, reasonably priced wireless speakers for home use. The company uses standards to control its costs.
Affordable Electronics Inc, manufactures medium-quality, reasonably priced wireless speakers for home use. The company uses standards to control its costs. The labour standards that have been set for one speaker are as follows: Standard Hours 18 minutes (0.30 hours) Standard State per le $19.00 Standard Cost $5.70 During July, 8,880 hours of direct labour time were recorded to make 29,000 units. The direct labour cost totalled $174,936 for the month Requirect 1-3. What direct labour cost should have been incurred to make the 29,000 speakers? (Do not round intermediate calculations.) Direct labour cost 1-b. By how much does direct labour cost differ from the cost that was incurred? (Indicate the effect of variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (.e., zero variance).) To variance 2. Break down the difference in cost from requirement 1-b above into a labour rote variance and a labour efficiency variance. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (ie, zero variance).) Labour rate variance Labour officiency vanance
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