Problem 6: At Cambria Company, each leather bag requires 2.4 standard direct labor hours, and the...
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Problem 6: At Cambria Company, each leather bag requires 2.4 standard direct labor hours, and the standard direct labor rate is P8.50 per hour. During August, 450 direct labor hours were used to make 180 bags at an average pay rate of P9.20 per hour. Required: Compute for the Labor Rate Variance, Labor Efficiency Variance, and Total Labor Variance. Problem 6: At Cambria Company, each leather bag requires 2.4 standard direct labor hours, and the standard direct labor rate is P8.50 per hour. During August, 450 direct labor hours were used to make 180 bags at an average pay rate of P9.20 per hour. Required: Compute for the Labor Rate Variance, Labor Efficiency Variance, and Total Labor Variance.
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