Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the standard direct labor cost for producing one u

The standard direct labor cost for producing one unit of product is 5 direct labor...

60.1K

Verified Solution

Question

Accounting

The standard direct labor cost for producing one unit of product is 5 direct labor hours at a standard rate of pay of $15. Last month, 5,000 units were produced and 24,500 direct labor hours were actually worked at a total cost of $337,500. The direct labor quantity variance was:

a.

$11,250 unfavorable
b.

$7,500 unfavorable
c.

$7,500 favorable
d.

$11,250 favorable

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

Algebra
1.2K views

Let the region R be the area enclosed by the function f(z) = In (z)...

Finance
1.2K views

Marge's Campground is considering adding a miniature golf course to its facility. The course she wants...

Mechanical Engineering
1.2K views

NASA is sending a remote-sensing spacecraft to Mars. Given: Earth parking orbit altitude= 1000 km Mars Parking orbit...

Physics
1.2K views

Two cells of unequal emfs E and E2 and internal resistances r and r2 are...

Physics
1.2K views

wheel of moment of inertia 2 kg m is rotating at a speed of 25...

Geometry
1.2K views

7 If you are given A 2 6 B 0 1 and C 7 5...

Basic Math
1.2K views

2 a Students want to determine if there is a significant correlation between the amount...

Algebra
1.2K views

1 At a bakery each batch of cookies requires 2 cups of flour and each...

Accounting
1.2K views

below: \table[[,Tons of King,Percent Completed],[Work-in-process inventory - June 1,Salmon,Materials,Conversion],[Work-in-process inventory - June 30,2,400,96,77],[Started processing...

Accounting
1.2K views

Directions alongside one question. Please answer with formulas. Thank you! \begin{tabular}{|l|l|l|l|l|} \hline F1 &...

Accounting
1.2K views

Overhead is applied on the basis of direct labor hours. Three direct labor hours are...

Accounting
1.2K views

You may use your financial calculator or excel for calculations but be sure to show...