The following computations of March labor variances for Sam's Supply Company are incomplete. The missing items are labeled (a) through (d).
Labor rate variance = 4,800 hours x [(a) - $8.50] = $350 favorable
Labor efficiency variance = (b) x [(c) - 5,000 hours] = $(d)
On the appropriately labeled line, identify each missing item by name (a through c) and show the missing value (a through d). Show supporting computations in the space provided.
(a) ____________________$___________________
(b) ____________________$___________________
(c) _____________________ ___________________hours
(d) $____________________F or U (Circle the correct term.)
(e) During March, the supervisor left for vacation without arranging for a replacement. Which variances would have been most affected by this situation?___________________ Computations