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Category > Statistics Posted 30 May 2017 My Price 4.00

Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance.

Direct labor variances

The following data relate to labor cost for production of 20,000 cellular telephones:

Actual:                           8,450 hrs. at $22.50

Standard:                     8,400 hrs. at $23.00

a.     Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance.

b.     Discuss what might have caused these variances.


 

Answers

Alpha Geek
(8)
Status NEW Posted 30 May 2017 08:05 AM My Price 4.00

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file 1496134243-Answer.docx preview (82 words )
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