Direct labor variances The following data relate to labor cost for production of 4,000 cellular...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Direct labor variances The following data relate to labor cost for production of 4,000 cellular telephones: Actual: 2,730 hrs. at $15.70 Standard: 2,690 hrs. at $16.00 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. b. The employees may have been less-experienced or poorly trained, thereby resulting in a or training may have resulted in efficient performance. Thus, the actual time required was labor rate than planned. The fower level of experience than standard
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!