Direct Labor Variances The following data relate to labor cost for production of 5,200 cellular...
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Accounting
Direct Labor Variances
The following data relate to labor cost for production of 5,200 cellular telephones:
| Actual: | 3,520 hrs. at $14.5 | |
| Standard: | 3,460 hrs. at $14.7 |
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 | $ | Favorable |
| Time variance | $ | Unfavorable |
| Total direct labor cost variance | $ | Unfavorable |
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