Direct Labor Variances The following data relate to labor cost for production of 4,100 cellular...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Direct Labor Variances The following data relate to labor cost for production of 4,100 cellular telephones: Actual: Standard: 2,790 hrs. at $13.90 2,750 hrs. at $14.10 a. Determine the direct labor rate variance, direct labor time variance, and 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. Rate variance Time variance Total direct labor cost variance b. The employees may have been less-experienced or poorly trained, thereby resulting in a than planned. The lower level of experience or training may have resulted in the actual time required was than standard labor rate efficient performance. Thus
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: Zin AI - Your personal assistant for all your inquiries!
