Question: please help finding the Direct Labor Rate variance Calculator The following data is given for the Harry Company: Budgeted production 1,033 units Actual production 962
Calculator The following data is given for the Harry Company: Budgeted production 1,033 units Actual production 962 units Materials: $1.982 Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production 11,890 Actual price paid for materials $24,374 Labor: Standard hourly labor rate $14.97 per hour 4.4 Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs 4,954 $80,503 Overhead: Actual and budgeted fixed overhead $1,121,000 Standard variable overhead rate $26.00 per standard labor hour Actual variable overhead costs $138,712 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is
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