Question: Please help me check my work in the same format! A company reports the following information for its direct labor. Actual hours of direct labor
A company reports the following information for its direct labor. Actual hours of direct labor used (AH) 73,000 Actual rate of direct labor per hour (AR) $ 14 Standard rate of direct labor per hour (SR) $ 13 Standard hours of direct labor for units produced (SH) 74,700 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR - Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable Actual Cost AH AR Standard Cost AH X SR SH SR X X $ 0 $ 0 $ of Unfavorable 0
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