Ellis Companys labor information for September is as follows: Direct labor hourly...
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Accounting
Ellis Companys labor information for September is as follows:
Direct labor hourly rate paid | $31.00 | |
Total standard direct labor hours for units produced | 10,000.00 | |
Direct labor hours worked | 9,900.00 | |
Direct labor rate variance | $7,425.00 | (favorable) |
Round your answers to two decimal places.
A. Compute the standard direct labor rate per hour.
$fill in the blank 1 standard rate
B. Compute the direct labor time variance.
Direct labor time variance $fill in the blank 2
C. Compute the standard direct labor rate if the direct labor rate variance was $1,980.00 (unfavorable).
$fill in the blank 4 standard labor rate
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