Question: Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs.

Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period.

Direct labor standard (4 hrs. @ $6.90/hr.) $ 27.60 per unit
Actual hours worked 11,800
Actual rate per hour $ 7.40

Multiple Choice

a. $5,900 unfavorable.

b. $7,000 unfavorable.

c. $7,000 favorable.

d. $15,180 favorable.

e. $5,900 favorable.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that time has just flown by; over twenty-four years...

Q:

Use the following data to find the direct labor rate variance if the company produced 3500 units during the period. DL standard (4 hrs @ $6.90) $27.60 per unit Actual hours worked 12.050 Actual rate...

Q:

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period Direct 1abor standard (4 hrs.$7.00/hr.) Actual hour worked Actual rate per hour...

Q:

1. Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.90/hr.) $27.60 per unit Actual hours...

Q:

Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.90/hr.) Actual hours worked Actual rate...

Q:

Use the following data to find the direct labor efficiency variance if the company produced 3,500 units during the period. 52 Direct labor standard (4 hrs. @ $6.90/hr.) Actual hours worked Actual...

Q:

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.90/hr.) $ 27.60 per unit Actual hours worked...

Q:

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.90/hr.) Actual hours worked Actual rate per...

Q:

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.90/hr.) $ 27.60 per unit Actual hours worked...

Q:

Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period Direct labor standard (4 hrs.@ $6.90/hr.) Actual hours worked Actual rate per hour...

Q:

Exam Help Submit Saw Save & ER Use the following data to find the direct labor efficiency variance of the company produced 3.1500 units Outing the period 23 Direct labor standard (4 hrs. $7.00/hr.)...

Q:

What two aspects of internal control must the auditor assess when performing procedures to obtain an understanding of internal control?

Q:

Use the following company information to calculate net cash provided or used by investing activities: (1) Equipment with a book value of $87,500 and an original cost of $150.000 was sold at a loss of...

Q:

5. Leading the strategy execution process involves staying on top of the situation and monitoring progress, putting constructive pressure on the organization to achieve operating excellence, and...

Q:

there are four trade offs between production operations and other supply chain functions and corporate strategies

Q:

What is your level of expertise in designing of data collection instruments (questionnaire design; interview design; facilitating focus groups and so on)? What development might be helpful in this...

Q:

What secondary data sources (organisational documents, etc) are available to you? What level of permission will you need to obtain company information? Who are the gatekeepers of such information?

Q:

How has your review of the literature informed your thinking about methods of data gathering? How satisfied are you with your review of the existing literature?