Question: The standards for product C 5 4 L specify 5 . 5 direct labor - hours per unit at $ 1 1 . 2 5
The standards for product CL specify direct laborhours per unit at $ per direct laborhour. Last month units of product CL were produced using direct laborhours at a total direct labor wage cost of $
Use the above information to answer questions and
What was the labor rate variance for the month? Be sure to include if it is favorable or unfavorable.
What was the labor efficiency variance for the month?Be sure to include if it is favorable or unfavorable.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
