AGL Inc. provided the following data related to the direct labor costs for the current period: Data Related to Direct Labor Costs Data Rate Hours Standard $17.50 12,000 Actual $15.50 14,000 Determine the direct labor cost variance. Group of answer choices -$7,000 favorable -$28,000 favorable $7,000 unfavorable $28,000 unfavorable
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AGL Inc. provided the following data related to the direct labor costs for the current period:
Data Related to Direct Labor CostsData | Rate | Hours |
---|---|---|
Standard | $17.50 | 12,000 |
Actual | $15.50 | 14,000 |
Determine the direct labor cost variance.
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- Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate per hour? B. What is the standard direct labor rate per hour? C. What was the total standard direct labor cost for May? D. What was the direct labor rate variance for May?Ellis Companys labor information for September is as follows: A. Compute the standard direct labor rate per hour. B. Compute the direct labor time variance. C. Compute the standard direct labor rate if the direct labor rate variance was $2,712.30 (unfavorable).Eagle Inc. uses a standard cost system. During the most recent period, the company manufactured 115,000 units. The standard cost sheet indicates that the standard direct labor cost per unit is $1.50. The performance report for the period includes an unfavorable direct labor rate variance of $3,700 and a favorable direct labor time variance of $10,275. What was the total actual cost of direct labor incurred during the period?
- AGL Inc. provided the following data related to the direct labor costs for the current period: Data Related to Direct Labor Costs Data Rate Hours Standard $17.50 12,000 Actual $15.50 14,000 Determine the direct labor rate variance. Group of answer choices $7,000 unfavorable $28,000 unfavorable -$28,000 favorable -$7,000 favorableAGL Inc. provided the following data related to the direct labor costs for the current period: Data Related to Direct Labor Costs Data Rate Hours Standard $17.50 12,000 Actual $15.50 14,000 Determine the direct labor time/efficiency variance. Group of answer choices -$28,000 favorable -$35,000 favorable $35,000 unfavorable $28,000 unfavorableData on Gantry Company's direct labor costs are given below: Standard direct labor-hours Actual direct labor-hours Direct labor efficiency variance-favorable Direct labor rate variance-favorable Total direct labor payroll What was Gantry's standard direct labor rate? 40,000 39,000 $ 3,400 $ 7,800 $ 124,800 Multiple Cholce $3.20 $3.04 $3.40 $7.80
- Data on Gantry Company's direct labor costs are given below: Standard direct labor-hours Actual direct labor-hours Direct labor efficiency variance-favorable Direct labor rate variance-favorable Total direct labor payroll What was Gantry's actual direct labor rate? Multiple Choice O O O $4.70 $8.80 $4.50 $4.30 45,000 44,000 $ 4,700 $ 8,800 $ 198,000Information on Orman Company's direct labor costs is as follows:Standard direct labor rate $3.75, Actual direct labor rate $3.50, Standard direct labor hours 10,000, Direct labor usage (efficiency) variance—unfavorable P4,200. What were the actual hours worked, rounded to the nearest hour? 10,714 11,120 11,200 11,914AGL Inc. provided the following data related to the direct labor costs for the current period Rate Hours Standard $17.50 12,000 Actual $15.50 14,000 Determine the direct labor time/efficiency variance O $28,000 unfavorable O $35,000 favorable O $35,000 unfavorable O -$28,000 favorable Previous Next
- Information for Garner Company’s direct-labor costs for the month of September was as follows: Actual direct-labor hours 34,500 hours Standard direct-labor hours 35,000 hours Total direct-labor payroll $241,500 Direct-labor efficiency variance—favorable $3,200 What is Garner’s direct-labor price (or rate) variance?A company reports the following information for its direct labor. Actual hour of direct labor uned Actual rate of direct labor per hour Standard rate of direct labor per hour Standard hours of direet labor for unita produced 65,000 $ 14 $13 66,000 AH - Actual Hours SH Standard Hours AR Actual Rate SR- Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. Actual Cost Standard CostAAA Company uses the standard cost system. The following information on its direct labor costs are provided. Standard direct labor hours 75,000 72,500 P10,000 14,500 275,500 Actual direct labur hours Direct labor efficiency variance (favorable) Direct labor rate variance (favorable) Total payroll 12. What is AAA Company's actual direct labor rate? PO.20 b. РА.00 с. Р3.60 d. P3.80 AAA Company uses a standard cost system. Information for raw materials for Product RB for the month of October is as follows: Standard unit price Actual purchase price per unit Actual quantity purchased Actual quantity used Standard quantity allowed for actual production P1.60 P1.55 2,000 units 1,900 units 1,800 units 13. What is the material purchase price variance? a. P90 favorable b. P90 unfavorable c. P100 favorable d. P100 unfavorable Information on AAA Company's direct materials costs is as follows: 20,000 P40,000 P2.10 P3,000 Actual units of direct materials Actual direct materials cost Standard price…