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| Teaching Since: | May 2017 |
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| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Direct Labor Variances
e7A. At the beginning of last year, Creative Productions set direct labor standards of 2 hours at $25 per hour for each product produced. During the year, 1,700 direct labor hours were actually worked at an average cost of $26 per hour. Using this information and the applicable information in E6A, calculate the company’s direct labor rate and efficiency variances for the year.
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