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Direct Labor Variances The following data relate to labor cost for production of 20,000 cellular...

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Accounting

Direct Labor Variances The following data relate to labor cost for production of 20,000 cellular telephones: Actual: 8,450 hrs. at $22.50 Standard: 8,400 hrs. at $23.00 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 $ ??? Time variance $ ??? Total direct labor cost variance $ ???

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