The following direct labor standards have been established for product k 3 3 L: Standard direct labor
Fantastic news! We've Found the answer you've been seeking!
Question:
The following direct labor standards have been established for product kL:
Standard direct laborhours hours per unit of kL
Standard direct labor wage rate $ per hour
The following data pertain to last month's operations:
Actual output of product kL units
Actual direct laborhours worked hours
Actual direct labor wages paid $
Required:
a What was the labor rate variance for the month?
b What was the labor efficiency variance for the month?
Indicate each variance as F for favorable and U for unfavorable.
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date: