Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. direct labor variances bellingham company produces

Direct Labor Variances Bellingham Company produces a product that requires 8 standard hours per unit...

90.2K

Verified Solution

Question

Accounting

Direct Labor Variances

Bellingham Company produces a product that requires 8 standard hours per unit at a standard hourly rate of $13.00 per hour. If 6,500 units required 53,600 hours at an hourly rate of $12.61 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct labor rate variance $
b. Direct labor time variance $
c. Total direct labor cost variance $

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!
Become a Member

Other questions asked by students

Q

Psychology can be defining I certain words to illustrate the meaning of it. Write the definition....

Psychology
Q

Before making a turn you should O Look to see if other vehicles and or...

Biology
Q

Q 9 One cubic plate having 15 cm side floats on water surface If surface...

Physics
Q

John works full time for a company His health insurance premium is 18 000 annually...

Basic Math
Q

A standardized measure of achievement motivation is normally distributed, with a mean of 35 and...

Basic Math
Q

A country's population in 1994 was 76 million. In 1998 it was 81 million. Estimate...

Basic Math
Q

Using the accompanying table of data blood platelet counts of women have a bell shaped...

Statistics
Q

v x Answer 5x 10 1 2 if x 2 if x 2 Step 1...

Calculus
Q

Sales value ? refer image

Accounting
Q

1) Record the following transactions from their first year of operations. All amounts below are...

Accounting
Q

Q1. Illustrate a monopoly firm earning an economic profit. Indicate price and output quantity. Label...

Accounting
Q

Yarmouth Company produces a liquid solvent in two departments: Mixing and Finishing. Accounting records at...

Accounting