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View Policies Current Attempt in Progress Swifty Family Instruments makes cellos. During the past...

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Accounting

View Policies
Current Attempt in Progress
Swifty Family Instruments makes cellos. During the past year, the company made 6,560 cellos even though the budget planned for only
5,760. The company paid its workers an average of $20 per hour, which was $0.50 higher than the standard labor rate. The production
manager budgets 4 direct labor hours per cello. During the year, a total of 24,590 direct labor hours were worked.
(a) Calculate the direct labor rate and efficiency variances. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)
Direct labor rate variance
Direct labor efficiency variance
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