URGENT!! PLEASE ANSWER WILL THUMB UP!!! Walters Music Centre produces...
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URGENT!! PLEASE ANSWER WILL THUMB UP!!!
Walters Music Centre produces wooden violin cases. The company developed the following standard costs for a case: Hours Cost per Hour $30.00 Total Cost $75.00 Direct labour 2.5 The actual results for the year are: Units produced Direct labour hours used this year Actual labour rate per hour 10,000 24,800 $32.00 Required: Calculate the direct labour rate (also called price) and efficiency (also called usage) variances and use your solution to answer the following questions. NOTE: Please enter all variances as positive numbers. The amount of the direct labour rate variance, also called the direct labour price variance, is $. A Indicate if the direct labour rate variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A The amount of the direct labour efficiency variance, also called the direct labour usage variance, is $_ A/ Indicate if the direct labour efficiency variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A
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