You are presented with the following information for Duncan Limited: Budgeted production: 1000 units. Actual production: 1200

Question:

You are presented with the following information for Duncan Limited:

Budgeted production: 1000 units.

Actual production: 1200 units.

Standard specification for one unit: 10 hours at £8 per direct labour hour.

Actual direct labour cost: £97,200 in 10,800 actual hours.

Required:

Calculate the following variances:

(a) Direct labour total

(b) Direct labour rate

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Accounting for Non-Accounting Students

ISBN: 978-0273722977

8th Edition

Authors: John R. Dyson

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Question Posted: Aug 06, 2012 03:17 AM

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You are presented with the following information for Duncan Limited: Budgeted production: 1000 units. Actual production: 1200

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DUNCAN LIMITED a Direct labour cost variance Actual direct labour c...View the full answer

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