Coronado Company's standard labour cost per unit of output is $24 ( 2 hours $12.10...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Coronado Company's standard labour cost per unit of output is $24 ( 2 hours $12.10 per hour). During August, the company incurs 2,910 hours of direct labour at an hourly cost of $11.80 per hour in making 1,400 units of finished product. Calculate the total, price, and quantity labour variances, (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.) Coronado Company's standard labour cost per unit of output is $24 ( 2 hours $12.10 per hour). During August, the company incurs 2,910 hours of direct labour at an hourly cost of $11.80 per hour in making 1,400 units of finished product. Calculate the total, price, and quantity labour variances. (Round per unit calculations to 2 decimal ploces, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.) Coronado Company's standard labour cost per unit of output is $24 (2 hours $1210 per hour). During August, the company incurs 2,910 hours of direct labour at an hourly cost of $11.80 per hour in making 1,400 units of finished product. Calculate the total, price, and quantity labour variances, (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal ploces, e.8. 125.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
