Delmar incorporated uses a standard cost system. Labor standards are 2.00 hours per widget at...
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Delmar incorporated uses a standard cost system. Labor standards are hours per widget at $ per hour. During August, Delmar Incorporated paid its workers $ for hours. Delmar Incorporated produced widgets during August. Required: Q Calculate the direct labor rate variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfovorable", or "None" for no effect ie zero variance b Calculate the direct labor efficiency variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Fovorable", "Unfavorable", or "None" for no effect ie zero variance c Calculate the direct labor spending variance. Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfovorable", or "None" for no effect ie zero variance tablea Rate Variance,,b Efficiency Variance,,c Spending Variance,,
Delmar incorporated uses a standard cost system. Labor standards are hours per widget at $ per hour. During August, Delmar Incorporated paid its workers $ for hours. Delmar Incorporated produced widgets during August.
Required:
Q Calculate the direct labor rate variance.
Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfovorable", or "None" for no effect ie zero variance
b Calculate the direct labor efficiency variance.
Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Fovorable", "Unfavorable", or "None" for no effect ie zero variance
c Calculate the direct labor spending variance.
Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfovorable", or "None" for no effect ie zero variance
tablea Rate Variance,,b Efficiency Variance,,c Spending Variance,,
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