The standards for product G78V specify 5.3 direct labor-hours per unit at $13.50 per direct labor-hour. Last month 1,720 units product G78V were produced using 9,150 direct labor-hours at a total direct labor wage cost of $120,220. Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) a Labor rate variance b. Labor efficiency variance

The standards for product G78V specify 5.3 direct labor-hours per unit at $13.50 per direct labor-hour. Last month 1,720 units product G78V were produced using 9,150 direct labor-hours at a total direct labor wage cost of $120,220. Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) a Labor rate variance b. Labor efficiency variance

Name: Meman The standards for product G78V specify 5.3 direct labor-hours pe
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Description: Meman The standards for product G78V specify 5.3 direct labor-hours per unit at $13.50 per direct labor-hour. Last month 1,720 units ofproduct G78V were produced using 9,150 direct labor-hours at a total direct labor wage cost of $120,220.Required:a.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 8E: Direct labor variances The following data relate to labor cost for production of 20,000 cellular...

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