Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. direct labor variances the following data relate t

Direct Labor Variances The following data relate to labor cost for production of 22,000 cellular...

90.2K

Verified Solution

Question

Accounting

Direct Labor Variances

The following data relate to labor cost for production of 22,000 cellular telephones:

Actual: 4,220 hrs. at $44.50
Standard: 4,160 hrs. at $46.00

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 $

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

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Commercial banks have become increasingly involved in real estate market. Plot the percent change from a...

Basic Math
1.2K views

Does pollution increase mean death rate? A researcher sampled 31 “unpolluted” areas greater than 50 km...

Biology
1.2K views

how sedentary lifestyle and loneliness affect the older people who are suffering from coronary heart disease...

Medical Sciences
1.2K views

Select the coordinating pair regarding homeostasis of blood pressure where the first statement causes the second...

Biology
1.2K views

What is a typical water potential in soil? In xylem? In leaves? In air? Your answers...

Physics
1.2K views

KEPPLER S LAWS The figure shows elliptical orbit of a planet m about the sun...

Statistics
1.2K views

The acc mpanying table shows the numbers of male and female students in a particular...

Accounting
1.2K views

Exercise 9-16(Algo) Flexible Budget Performance Report [L09-1, L09-2, L09-3, LO9-4] AirQual Test Corporation...

Accounting
1.2K views

Cordova manufactures three types of stained glass windows, cleverly named Products A, B, and C....

Accounting
1.2K views

Prepare the Manufacturing Overhead Budget assuming 1. Property taxes and Insurance are expected to be...

Finance
1.2K views

WestGas Conveyance, Inc. WestGas Conveyance, Inc., is a large U.S. natural gas pipeline company that...

Finance
1.2K views

Santo Monte forecasts that if it sells each bottle of Vodka for $20, then the...