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Direct Labor Variances The following data relate to labor cost for production of 6,800 cellular...

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Accounting

Direct Labor Variances

The following data relate to labor cost for production of 6,800 cellular telephones:

Actual: 4,610 hrs. at $14.9
Standard: 4,540 hrs. at $15.1

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 $fill in the blank 1 Favorable
Time variance $fill in the blank 3 Unfavorable
Total direct labor cost variance $fill in the blank 5 Unfavorable

b. The employees may have been less-experienced or poorly trained, thereby resulting in a lower labor rate than planned. The lower level of experience or training may have resulted in less efficient performance. Thus, the actual time required was more than standard.

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