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Category > Business & Finance Posted 02 Jun 2017 My Price 6.00

The Greeson Clothes Company produced 25,000 units during June of the current year

The Greeson Clothes Company produced 25,000 units during June of the current year. The Cutting Department used 6,380 direct labor hours at an actual rate of $10.90 per hour. The Sewing Department used 9,875 direct labor hours at an actual rate of $11.12 per hour. Assume there were  no  work  in  process  inventories  in  either  department  at the beginning or end of the month. The  standard  labor  rate  is  $11.00.  The  standard labor time for the Cutting and Sewing departments is 0.25 hour and 0.4 hour per unit, respectively.

a.     Determine the direct labor rate, direct labor time, and total direct labor cost variance for the (1) Cutting Department and (2) Sewing Department.

b.                             Interpret your results.

 

 

 
 

 

Answers

Alpha Geek
(8)
Status NEW Posted 02 Jun 2017 08:06 AM My Price 6.00

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Attachments

file 1496392563-1315427_1_636319389863881292_Labor-variances.xlsx preview (49 words )
DE-----------PAR-----------TME-----------NTC-----------UTT-----------ING-----------SEW-----------ING-----------ACT-----------UAL----------- HO-----------URS-----------Sta-----------nda-----------rd -----------rat-----------e p-----------er -----------hou-----------rAc-----------tua-----------l R-----------ate----------- pe-----------r h-----------our-----------Sta-----------nda-----------rd -----------hou-----------rsS-----------TEP----------- L1----------- - -----------Act-----------ual----------- la-----------bou-----------r p-----------aym-----------ent-----------Cut-----------tin-----------gSe-----------win-----------gST-----------EP -----------L2 ------------ L-----------abo-----------ur -----------pay-----------men-----------t a-----------t s-----------tan-----------dar-----------d r-----------ate-----------STE-----------P L-----------3 ------------ St-----------and-----------ard----------- la-----------bou-----------r c-----------ost----------- fo-----------r a-----------ctu-----------al -----------pro-----------duc-----------tio-----------nLA-----------BOU-----------R R-----------ATE----------- VA-----------RIA-----------NCE----------- = -----------L2 ------------ L-----------1(A-----------DVE-----------RSE-----------)(F-----------AVO-----------RAB-----------LE)-----------LAB-----------OUR----------- TI-----------ME -----------VAR-----------IAN-----------CE -----------= L-----------3 ------------ L2-----------LAB-----------OR -----------COS-----------T V-----------ARI-----------ANC-----------E =----------- LA-----------BOR----------- RA-----------TE -----------+ T-----------IME----------- VA-----------RIA-----------NCE----------- -----------
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