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  3. the following data relate to labor cost for produc

The following data relate to labor cost for production of 33,000 cellular telephones: ...

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Accounting

The following data relate to labor cost for production of 33,000 cellular telephones:

Actual: 6,330 hrs. at $49.50
Standard: 6,240 hrs. at $51.00

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.

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 Favorable

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