The following direct labor standards have been established for product E45O: Standard direct labor hours....... 8.2hrs/unit of

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The following direct labor standards have been established for product E45O:

Standard direct labor hours....... 8.2hrs/unit of e45O

Standard Direct labor wage rate.... $13.00/hr

The following data pertains to last month’s operations:

Actual output of e45O...... 1120 units

Actual Direct labor-hours worked.... 9300 hours

Actual direct labor wages paid..... $115,320

Required:

a. What was the labor rate variance for the month?
b. What was the labor efficiency variance for the month?

Related Book For answer-question

Cornerstones of Managerial Accounting

ISBN: 978-0324660135

3rd Edition

Authors: Mowen, Hansen, Heitger

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Posted Date: Mar 07, 2024 01:50 AM

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The following direct labor standards have been established for product E45O: Standard direct labor hours....... 8.2hrs/unit of

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Direct Labor Variances for Product E45O a Labor Rate Variance Calculate the standard direct labor co... View the full answer

Cornerstones of Managerial Accounting

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